The Hong Kong dollar that plunged to near a 20-month low of 7.7898 against the US currency in early Friday Asian deals at 8:50 pm ET bounced back thereafter. The pair is currently worth 7.7776 and this may be compared to Thursday's closing value of 7.7718. On the upside, 7.770 is seen as the next target level for the Hong Kong dollar.

US Dollar vs HKD (FX:USDHKD)
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US Dollar vs HKD (FX:USDHKD)
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