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General TradingH
Hong Kong Dollar (HKD)
The Hong Kong Dollar is the official currency of Hong Kong, abbreviated as HKD in forex markets. It is pegged to the U.S. dollar within a narrow trading band maintained by the Hong Kong Monetary Authority between 7.75 and 7.85.
Example
“USD/HKD traded near 7.82, staying within its linked exchange rate band, and forex traders watched for any intervention by the Hong Kong Monetary Authority at the band edges.”