Hong Kong Dollar Falls To 6-day Low Against Greenback
July 18 2010 - 10:54PM
RTTF2
During early Asian deals on Monday, the Hong Kong dollar slipped
to a 6-day low of 7.7769 against the U.S. currency on the back of a
slide in regional stocks.
Hong Kong stocks plunged today following a sharp fall on Wall
Street Friday. Hong Kong's Hang Seng is currently trading at
20,060.90 - down 189.26 points or 0.9% over its previous close.
As of now, the Hong Kong dollar is worth 7.7760 against the
greenback and if the former weakens further, it may likely target
the 7.778 level.
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