The currency weakness is being fuelled by a plunge in the local cost of borrowing, which decreases the appeal of owning the Hong Kong dollar versus its US peer
#hongkong
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Carry trade returns on Hong Kong’s dollar as interest rate gap widens
- Thread starter VUBot
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The currency weakness is being fuelled by a plunge in the local cost of borrowing, which decreases the appeal of owning the Hong Kong dollar versus its US peer
#hongkong
Continue reading...
- Status