On June 5438+0983+1 October 15, the China Hong Kong government announced a new policy to stabilize the exchange rate of the Hong Kong dollar, linking the Hong Kong dollar to the US dollar, with a fixed exchange rate of HK$ 7.801US dollar, which has been maintained ever since.
With the sustained and rapid development of the mainland economy, the relationship between Hong Kong's economy and the mainland is getting closer and closer, which depends on the support of the mainland. In the foreseeable future, with the gradual internationalization of RMB, Hong Kong will become the international settlement center of RMB, especially for the ASEAN region, Hong Kong has indeed provided many conveniences.
Extended data:
The calculation of exchange rate is generally related to the central parity of RMB exchange rate (central parity = (spot buying price+selling price) /2).
1. If a foreign currency is to be used in other countries that do not support this currency, it must be purchased.
2. When the bank sells foreign currency, the cash price is the same as the cash price; When buying foreign currency, the price of cash is higher than that of cash.
3. The buying price of cash is the amount payable to the seller in local currency when the bank buys one unit of foreign currency cash.
4. If users want to send money after purchasing foreign exchange, they must choose to exchange foreign exchange for cash, otherwise they need to exchange cash for cash, and they need to pay the handling fee for cash exchange. The calculation formula of money transfer fee: money transfer fee (RMB) = remittance amount (foreign currency) × (cash selling price-cash buying price).
Baidu Encyclopedia-Hong Kong dollar exchange rate