Exchange Rate in Hong Kong

Hong Kong Exchange Rate | Economic News & Forecasts

Hong Kong - Exchange Rate

Economic growth fell to a two-year low in the third quarter on the back of slowing private and public spending, though investment growth picked up thanks to a low base effect. Consumption was weighed on by losses in equity and property markets in the quarter, which suffered notably from higher interest rates and a loss of confidence mainly related to trade tensions affecting the mainland. The waning momentum furthermore appears to have continued in Q4. The PMI dropped further into negative territory in November on weak Chinese demand, and business confidence for Q4 also slipped. Meanwhile, though the Hang Seng Property Index pared back some of its losses in recent weeks, the broader equity index largely continued on its downward trend. Additionally, although retail sales growth picked up in October from September’s two-year low, it was still much lower than the readings seen earlier this year. Both these factors suggest private consumption is again losing steam in Q4, while the souring trade environment is likely to dampen external demand

Hong Kong - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)7.75  7.75  7.75  7.75  7.81  

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Hong Kong Exchange Rate Chart


Hong Kong Exchange Rate
Note: Hong Kong Dollar (HKD) per U.S. dollar.
Source: Thomson Reuters.

Hong Kong Facts

ValueChangeDate
Bond Yield1.963.38 %Jan 14
Exchange Rate7.84-0.11 %Jan 14
Stock Market26,298-1.92 %Jan 14

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