Hong Kong Dollar Slides To Near 3-week Low Against U.S. Dollar
April 18 2011 - 11:07PM
RTTF2
The Hong Kong dollar hit near a 3-week low of 7.7821 against the
U.S. dollar in early Asian session on Tuesday. Presently, the Hong
Kong dollar is quoted at 7.7809 versus the greenback and the next
downside target level for the Hong Kong dollar is seen at 7.79. At
yesterday's close, the pair was quoted at 7.7764.
Today, Hong Kong will release the seasonally adjusted
unemployment rate for March. Hong Kong also will announce its
composite interest rate, which is expected to show little change
from the current 0.2 percent.
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