The Hong Kong dollar was little changed against the US dollar on Thursday in thin trading, holding up despite weakness in the local equity market, dealers said.
"The spot rate fluctuated in a relatively tight range today and I didn't see any significant inflows or outflows of funds," said a dealer from a European bank.
Hong Kong stocks fell on Thursday following losses in overseas markets amid worries about rising interest rates. The blue chip Hang Seng Index was down 1.69 percent.
At 0903 GMT the local currency was trading at 7.7546/48 to the US dollar after moving in a tiny five-pip range and had found supported at 7.7550, barely changed from 7.7546/47 in late Asian trade on Wendesday.
Comments
Comments are closed.