Hong Kong dollar / Thai baht

stockPerformance $-0.032 (-0.76%)
Updated: 18 Jan, 3:28 pm UTC
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The Hong Kong Dollar is a major currency in the financial markets. It is the official currency of the Hong Kong Special Administrative Region of the People's Republic of China and is used for trading, investments and financial transactions. It is accepted as a medium of exchange by financial markets, banks, businesses and merchants. Investors use it to buy and sell stocks, bonds, commodities and other financial instruments. It is also used as a hedge against exchange rate risk. As an international currency, it can be used to make payments in foreign markets as well as to diversify an investor’s portfolio.