The currency of Hong Kong. Currency code (HKD)
Hong Kong Dollars
Related Terms
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. As the value of one currency rises or falls...
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An exotic currency is a currency that is thinly traded and highly illiquid. The label “exotic” has nothing to do with the location or size of the country or countries where the currency is...
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An FX swap, or currency swap, involves two simultaneous currency purchases, one on the spot rate and the other through a forward contract. A variety of market participants such as financial...
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A currency pair is a price quote of the exchange rate for two different currencies traded in the foreign exchange market. Forex trading is the simultaneous buying of one currency and selling...