The Hong Kong dollar is likely to remain on the weaker side of the range in the next few years.

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The Hong Kong dollar has been a symbol of globalization since China’s economy opened up 40 years ago. Economists at ANZ analyze the outlook for the Hong Kong dollar.

The weak Hong Kong dollar is a market reality

With the implementation of quantitative tightening policies by the US Federal Reserve and the continued sluggish financial demand in Hong Kong, the Hong Kong dollar is likely to remain in a weak range in the next few years.

The weakness of the Hong Kong dollar is a result of market reality rather than geopolitical pressure.