We know that the HK monetary authority guarantee that the exchange rate of USD/HKD will stay at 7.75-7.85. It means that they won't interfere if the exchange rate stay in the range of 7.75-7.85.
I have noticed one thing strange since last year. Normally the price will fluctuate in a certain scope.
But when the exchange rate of USD/HKD reaches 7.8498-7.8499, it will stand still without any fluctuation. Why is that?
Submitted April 26, 2023 at 01:59AM by New_Revolution7625 https://ift.tt/81JegjN