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Pound Hong Kong Dollar forecast - GBP HKD

A round up of the latest Pound Hong Kong Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 19:14:54 Pound Hong Kong Dollar Rate »
GBP/HKD -0.05 Days Low Days High Last Daily
10.26495 ▼ -0.49% 10.24692 10.32939 10.31591

Currency Report : Hong Kong Dollar Rate Slips as Share Market Tumbles

24 Feb 2011 at 11 AM - Written by John Cameron

STORY LINK Currency Report : Hong Kong Dollar Rate Slips as Share Market Tumbles

Hong Kong's Financial Secretary John Tsang delivered the annual budget address yesterday, giving cause for optimism regarding the economic situation. He announced that Hong Kong’s economy had expanded by 6.8% last year, largely due to its strong links with China and predicted that GDP would expand by a healthy 4-5% in 2011. Much of the...

CATEGORIES: Hong Kong Dollar Forecasts Pound Hong Kong Dollar Forecasts

Exchange Rates : Pound HK Dollar Rate Drops as China Alters Policy

17 Feb 2011 at 12 PM - Written by John Cameron

STORY LINK Exchange Rates : Pound HK Dollar Rate Drops as China Alters Policy

The Chinese Yuan made gains during yesterday’s overnight session after the Chinese Government set their US Dollar/Yuan parity rate at a record low of 6.5800. This caused broad support for the Hong Kong Dollar as traders continued to use it as a proxy for the state-controlled Yuan. The HK Dollar rallied from 12.60 to touch 12.50 against...

CATEGORIES: Hong Kong Dollar Forecasts Pound Hong Kong Dollar Forecasts

Hong Kong Dollar Prediction - Equities Tumble in Hong Kong to Hurt Local Currency

10 Feb 2011 at 5 PM - Written by John Cameron

STORY LINK Hong Kong Dollar Prediction - Equities Tumble in Hong Kong to Hurt Local Currency

The Hong Kong stock market suffered a major sell-off last night, losing 1.97% to close 455 points down on the day. This poor performance was driven by yesterday’s interest rate hike in China which was the second time in six weeks that the Chinese Central Bank has opted to raise. Speculation abounds in Asia that the Chinese rate hike will...

CATEGORIES: Hong Kong Dollar Forecasts Pound Hong Kong Dollar Forecasts

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