Hong Kong dollar consolidates

Posted by 7Star Tuesday, January 26, 2010

The Hong Kong dollar regained a little ground on Monday, consolidating after it hit a 15-1/2 month low against the US dollar in the previous session. A dealer said the spot rate seemed to have stabilised as commercial buying of the US dollar from importers eased and as the greenback slipped against major currencies on the global market on Monday.

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