The USD/HKD is steady at 7.7611, against 7.7609 late Friday, reflecting a solid HKD despite the tumble in local shares (the HSI is last down 2.2%). "The Hong Kong dollar remains a safe-haven currency for regional investors as compared with other Asian FX," a senior trader at a Chinese bank. He tips the pair to trade in a narrow 7.7600-7.7620 band in the near term.
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