I kid u not.
HK$ rose against US$ despite the protests and riots that created economic uncertainty. Hmm maybe Mad Dog in power could be good for S$.
I kid u not.
HK$ rose against US$ despite the protests and riots that created economic uncertainty. Hmm maybe Mad Dog in power could be good for S$.
The better explanation is the global backdrop of falling equity prices is more important than local chaos. The HK$ isn’t behaving any different from Yen (very strong) and S$ (mildly strong). Those 2 are in HK$’s peers but the Bloomberg graph is putting HK$ in a bad neighbourhood Lol!!!