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HKDTWD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    3.9254$
  • Previous Close
    3.9252$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol HKDTWD.FOREX refers to the exchange rate between the Hong Kong Dollar (HKD) and the New Taiwan Dollar (TWD) in the foreign exchange market. It represents the value of one Hong Kong Dollar in terms of New Taiwan Dollars. Trading with this symbol involves buying or selling HKD against TWD, aiming to profit from fluctuations in their relative values. It's a common currency pair used by traders and investors looking to speculate on or hedge against movements between these two Asian currencies.
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Factors

Economic Growth: Stronger economic growth in Hong Kong versus Taiwan tends to appreciate HKD against TWD.

Interest Rate Differentials: Higher interest rates in Hong Kong compared to Taiwan can attract capital inflows, strengthening the HKD.

Inflation Rates: Lower inflation in Hong Kong relative to Taiwan typically supports a stronger HKD.

Geopolitical Events: Political instability or major policy changes in either region can significantly impact currency values.

Trade Balance: A larger trade surplus in Hong Kong relative to Taiwan can increase demand for HKD, appreciating its value.

Market Sentiment: Investor confidence and risk appetite can drive short-term fluctuations in the HKD/TWD exchange rate.

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