Just check at Chinatown average can give 5.8....
Doesn't look like hkd will appreciate anytime soon...
Experts here think will hit 6 in 2 weeks time?
Must see USD first. Because HKD is pegged to USD. I think there are some analysis out there that says our SGD will once again depreciate in the short term. If that happens, SGD to HKD will once again drop.
Maybe can gamble and wait a while and see what happens. The rates are good now though IMO.
I'm not confident that it will hit 1SGD to 6HKD. Probably at best 5.9+ HKD by June. Worst case scenario is that it will hover around 5.8+/5.9HKD.
Unless MAS decides to further strengthen SGD and USD remains weak as compared to SGD. Then the chances of hitting 6HKD are much higher. But that data will probably be out some time in June. Only people going to HK in late June can hope...
When it hit 6HKD some time back, it's because of US policy and also I think HK had some demonstrations/protests going on, further weakening it.