Core Insights - The Hong Kong dollar (HKD) has experienced a significant appreciation against the US dollar, reaching a high of 7.7926 HKD per USD, marking a daily increase of 0.35% [1] - This appreciation represents the fifth consecutive trading day of strengthening for the HKD, breaking through multiple key levels from 7.85 to 7.80 [1] - Analysts attribute this dramatic rise to the Hong Kong Monetary Authority's (HKMA) interventions to stabilize the HKD, leading to a qualitative change after a quantitative reduction in HKD reserves [1] - The narrowing interest rate differential between HKD and USD has prompted the unwinding of carry trades, contributing to the HKD's strength [1] - Additionally, expectations of interest rate cuts by the Federal Reserve and a surge of capital inflows into Hong Kong stocks have played a role in this appreciation [1]
时隔两月再现反转，港元对美元汇率“扶摇直上”
Sou Hu Cai Jing·2025-08-20 00:03