Hong kong dollar and the chinese yuan the hong kong dollar


Hong Kong Dollar and the Chinese Yuan. The Hong Kong dollar has been long been pegged to the U.S. dollar at HK$7.83 / $. When the Chinese yuan was revalued in July 2005 against the U.S. dollar from Yuan8.27 / $ to Yuan8.09 / $, how did the value of the Hong Kong dollar change against the yuan?

The original HK$/Yuan cross rate was HK$___/Yuan (Round to four decimal places)

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