The Hong Kong dollar, after breaking away from the weak-side currency board, fluctuated around 7.84. The Hong Kong Monetary Authority's purchase of Hong Kong dollars has started to take effect.

date
15/08/2025
The Hong Kong dollar against the US dollar exchange rate has clearly deviated from the weak side exchange rate guarantee level, and after a slight rebound on Thursday, it hit the strongest level since May 23. The Hong Kong Monetary Authority continued to buy Hong Kong dollars this week to defend the linked exchange rate system, and the summary balance tracking the level of liquidity in the banking system has significantly decreased, prompting the foreign exchange market to react. The Hong Kong dollar exchange rate finally closed at 7.8331 Hong Kong dollars on Thursday, the first time in over two months that it closed above 7.84, clearly deviating from the weak side guarantee level of 7.85 Hong Kong dollars. At 11:03 on Friday, it fell by 0.11% to 7.8416 Hong Kong dollars.