MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • GEG Donates MOP700,000 to Tung Sin Tong to Support Its Annual Fundraising Campaign for the 23rd Consecutive Year

  • 300 restaurants sought for elderly healthy-meal program

  • Over 18,700 childcare subsidy cases approved, MOP546 million paid out

  • Private tutoring center bill passed with patriotism requirement for operators

  • Database of 31,000 elderly residents living alone or in two-person households established

  • Lawmakers call for prevention-first approach as fatal accidents surpass 2025 total

China
Home›China›The Buzz | Hong Kong Dollar drops to lowest since band implemented in 2005

The Buzz | Hong Kong Dollar drops to lowest since band implemented in 2005

By -
Monday, March 5, 2018
149
0

Hong Kong’s currency depreciated to the weakest level since the government widened a trading band against the greenback in 2005, putting pressure on the monetary authorities to slow its downward trajectory.

The exchange rate dropped to HKD7.8315 per dollar on Friday, approaching the weak end of its trading band. The Hong Kong dollar has slumped 0.9 percent over the past 12 months as low lending costs in the city make it lucrative to borrow the currency to buy the U.S. dollar.

The slump is a test for the city’s de-facto central bank, which will be compelled to intervene should the currency weaken to 7.85 per U.S. dollar. While additional bill sales last year helped support the currency, the Hong Kong Monetary Authority said in December it had no plans to take such a move. Interbank lending rates in Hong Kong are the lowest since 2008 versus those in America.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

Australia urges Indonesia against showing cleric leniency

Next Article

World briefs

Related articles More from author

  • China

    China says it’s working to de-escalate tensions in the Red Sea that have upended global trade

    Friday, January 26, 2024
    By -
  • China

    Xinhua issues research report on CPC’s political commitment

    Wednesday, June 30, 2021
    By -
  • China

    Film | Disney to find out whether the force has awakened

    Monday, January 8, 2018
    By -
  • ChinaHeadlines

    Tianjin cancels flights in 2nd day of smog alert 

    Monday, December 19, 2016
    By -
  • ChinaHeadlines

    Hong Kong leader condemns UK criticism over jailed activists

    Friday, September 22, 2017
    By -
  • ChinaHeadlines

    China’s rare golden monkeys debut at European zoos, a possible successor to ‘panda diplomacy’ 

    Monday, October 27, 2025
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • World

    The Buzz | Bodies of man and his slave unearthed from ashes at Pompeii

  • HeadlinesMacau

    CE meets Minister Li to discuss science park and economic growth initiatives

  • World

    This day in history | 2002: Dozens killed in Bali nightclub explosion

DAILY EDITION

Thursday, November 12, 2026 – edition no. 5073
Thursday, November 12, 2026 – edition no. 5073

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Timeline

  • Thursday, November 12, 2026

    GEG Donates MOP700,000 to Tung Sin Tong to Support Its Annual Fundraising Campaign for the 23rd Consecutive Year

  • Thursday, November 12, 2026

    300 restaurants sought for elderly healthy-meal program

  • Thursday, November 12, 2026

    Over 18,700 childcare subsidy cases approved, MOP546 million paid out

  • Thursday, November 12, 2026

    Private tutoring center bill passed with patriotism requirement for operators

  • Thursday, November 12, 2026

    Database of 31,000 elderly residents living alone or in two-person households established

  • Thursday, November 12, 2026

    Lawmakers call for prevention-first approach as fatal accidents surpass 2025 total

  • Thursday, November 12, 2026

    Singles’ Day shopping festival struggles to shake off weak consumer spending

  • Thursday, November 12, 2026

    IAM puts 22 Iao Hon market stalls up for tender

  • Thursday, November 12, 2026

    Gov’t expands automated immigration clearance to Swiss, Belgian nationals

  • Thursday, November 12, 2026

    Beijing’s top prosecutor meets Macau counterpart to discuss legal cooperation

Extra Times

Extra TimesHeadlines

A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

To celebrate the 20th anniversary of the iconic Starworld Macau, a special commemorative dinner was hosted at its crown jewel, Feng Wei Ju. Holding two Michelin stars, this esteemed restaurant ...
  • In ‘I Play Rocky,’ a middleweight crowd-pleaser about the making of a classic

    By MDT/AP
    Friday, November 6, 2026
  • Daddy Yankee’s first concept album is a reggaeton love letter

    By MDT/AP
    Friday, November 6, 2026
  • MGM Macau hosts Bocuse d’Or Gala

    By -
    Friday, November 6, 2026
  • A Symphony of Heritage: Reviving the Imperial Feast at Chai Jia Chai

    By Irene Sam, MDT
    Friday, October 30, 2026
  • Recent

  • Popular

  • GEG Donates MOP700,000 to Tung Sin Tong to Support Its Annual Fundraising Campaign for the ...

    By GEG PR
    Thursday, November 12, 2026
  • 300 restaurants sought for elderly healthy-meal program

    By Nadia Shaw, MDT
    Thursday, November 12, 2026
  • Over 18,700 childcare subsidy cases approved, MOP546 million paid out

    By Yuki Lei, MDT
    Thursday, November 12, 2026
  • Private tutoring center bill passed with patriotism requirement for operators

    By Yuki Lei, MDT
    Thursday, November 12, 2026
  • Database of 31,000 elderly residents living alone or in two-person households established

    By Yuki Lei, MDT
    Thursday, November 12, 2026
  • Lawmakers call for prevention-first approach as fatal accidents surpass 2025 total

    By Yuki Lei, MDT
    Thursday, November 12, 2026
  • Singles’ Day shopping festival struggles to shake off weak consumer spending

    By -
    Thursday, November 12, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d