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Hong Kong Dollar Hits 10-Month Low as Fed View Buoys Greenback

Hong Kong Dollar Hits 10-Month Low as Fed View Buoys Greenback
Bloomberg Markets Friday 26 June 2026, 02:49 UTC By Jacob Gu 1 min read
Key Points

Currencies Hong Kong Dollar Hits 10-Month Low as Fed View Buoys Greenback The Hong Kong dollar fell to its weakest level against the US dollar in about 10 months, as a stronger greenback and expectations for further Federal Reserve rate hikes pressured Asian currencies. The currency eased to HK$7.8417 per US dollar on Friday, the weakest since August 2025, and is on track for a third straight week of losses.

Currencies Hong Kong Dollar Hits 10-Month Low as Fed View Buoys Greenback The Hong Kong dollar fell to its weakest level against the US dollar in about 10 months, as a stronger greenback and expectations for further Federal Reserve rate hikes pressured Asian currencies. The currency eased to HK$7.8417 per US dollar on Friday, the weakest since August 2025, and is on track for a third straight week of losses. [Image text:] 100 100 ERR SERK OTH EARR ON DEMAND 100 ONE HUNDRED HONG KONG DOLLARS p BY ORDER OF THE BOARD OF DIRECTORS Yise CO-CHIEF EXECUTIVES HONG KONG 1JANUARY022 HP657871
Hong Kong (LOCATION) US (LOCATION) Federal Reserve (ORG) Asian (ORG)
Originally published by Bloomberg Markets Read original →

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