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The Hong Kong dollar edged higher on Friday on renewed speculation China could soon revalue its currency, but ended the day well off morning highs after Beijing stressed it had no timetable for any currency move. The HK dollar was trading at 7.7779/81 to the US dollar in late trade, down from 7.7762/63 but higher than Thursday's close at 7.7783/85.

Copyright Reuters, 2005

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