Hong Kong Dollar Drops To 2-day Low Against Greenback

The Hong Kong dollar showed weakness against its US counterpart on Friday morning in Asia. The domestic unit reached a 2-day low of 7.7613 against the greenback by 9:00 pm ET from 7.7591 hit late New York Thursday. On the downside, the Hong Kong currency is likely to test support around the 7.7640 level. The pair is presently trading at 7.7606.

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