Summary: New Taiwan Dollar to Hong Kong Dollar Exchange Rate March 14, 2016
New Taiwan Dollar to Hong Kong Dollar Today's Exchange Rate Real-time Market (2016-03-14 07:27 Updated):
Currency Exchange
1 New Taiwan Dollar=0.2377 Hong Kong Dollar
1 Hong Kong Dollar=4.2070 New Taiwan Dollar
New Taiwan Dollar to Hong Kong Dollar Exchange Rate Trend Chart (One Week):
0 Interbank Foreign Exchange Market on March 14, 2016 Hong Kong Dollar Intermediate Price is: 1 New Taiwan Dollar to Hong Kong Dollar 0.2377, 100 New Taiwan Dollar to Hong Kong Dollar 23.77.
At the beginning of this year, global stock markets plummeted, which may force some market participants to hedge their exposure, especially in South Korea, a market with a large number of high-risk derivatives. Some analysts believe that hedging behavior from the South Korean market has exacerbated the decline in the Hong Kong dollar, Hong Kong stocks and European stock indexes some time ago.
Since 2016, the Hong Kong dollar has continued to be weak, and concerns about whether Hong Kong can maintain the linked exchange rate system are becoming increasingly serious. Looking back on history, the most dangerous moment in Hong Kong's linked exchange rate system was the Asian financial crisis in 1998. International capital led by Soros shorted the Hong Kong dollar, but eventually returned in a defeat, and the linked exchange rate system was still maintained. Currently, Hong Kong's fundamentals are much better than in 1998. From a fundamental perspective, there is little problem for Hong Kong to maintain the linked exchange rate system.
or above New Taiwan Dollar to Hong Kong Dollar Exchange Rate today's market information is provided by China Gold Network Market Center for reference only. If you want to know more about the trend of the New Taiwan Dollar to Hong Kong Dollar Exchange Rate, you can follow China Gold Network Financial News Channel's Daily Financial Report.
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