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HKDZAR

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

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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About

The financial product symbol HKDZAR.FOREX refers to the Hong Kong Dollar (HKD) to South African Rand (ZAR) currency pair in the foreign exchange (forex) market. It represents the exchange rate between these two currencies, indicating how many South African Rand are needed to purchase one Hong Kong Dollar. Trading this pair involves speculating on whether the Hong Kong Dollar will appreciate or depreciate in value relative to the South African Rand.
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Factors

HKDZAR is Hong Kong Dollar/South African Rand. Hong Kong & South Africa's Economies: Economic growth, inflation, interest rates and unemployment data for both influence currency values.

Global Risk Sentiment: Risk-on boosts ZAR, risk-off strengthens HKD, affecting the HKDZAR rate.

Commodity Prices: South Africa's reliance on commodity exports means prices of gold, platinum affect ZAR.

Political Stability: Political events/uncertainty in either country impacts investor confidence and currency.

Central Bank Policies: Actions by HKMA and SARB regarding interest rates and monetary policy impact currency values.

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