The Hong Kong dollar that slipped to a 5-day low of 7.7613 against the US dollar on Tuesday morning in Asia recovered some of its losses shortly. The Hong currency inched higher to 7.7585 against the greenback by 11:05 pm ET Monday from 7.7587 hit late New York Monday. In near-term, 7.7520 is seen as the next likely target for the Hong Kong currency.

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