The Hong Kong dollar was little changed on Friday in range-bound trade, with investors focused on this weekend's election in Taiwan.
News that incumbent President Chen Shui-bian and Vice President Annette Lu were shot while campaigning had little impact on the Hong Kong money markets, dealers said.
The Hong Kong unit was at 7.7923/25 after shuffling between 7.7920 and 7.7932 throughout the day, against 7.7916/18 in late trade on Thursday. Meanwhile, the discount on one-year forwards was quoted at 550/535 pips, narrowing from Thursday's close of 565/555 pips.
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