The nature of the Hong Kong Forex Market is basically non speculative but the new monetary authority pledges to be more aggressive in nature. They want to implement such aggressiveness in order to form a concrete base for the Forex market where the forces in work are basically consistent in nature with least erratic behavior.
Hong Kong Monetary Authority (HKMA) has estimated that the economy's income from investment has been recorded to be around 47 billion Hong Kong Dollars during the starting period of June 2007. In relation to the previous year's performance, the investment income during this fiscal year has already posted a growth of fifty three percent.
In the month of April of the year 2004, the net turn over of the foreign exchange along with the transactions in the derivatives section of the OTC market on a daily basis has been recorded to be one hundred and seventeen billion US Dollars. In relation to the fiscal year 2001, this reserve has appreciated by almost sixty five percent. If the transactions in the derivatives section of the OTC market are excluded then the net turnover of the foreign exchange on a daily basis has been recorded to be one hundred and two billion US Dollars.
