Today's HKD to INR Price Update

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Summary

This report provides the real-time exchange rate between the Hong Kong Dollar (HKD) and Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Hong Kong Dollar (HKD) is a major fiat currency issued by the Hong Kong Monetary Authority, while the Indian Rupee (INR) is the official currency of India. The exchange rate between them reflects market sentiment on regional economic conditions and currency valuation dynamics between Hong Kong and India.

Today’s Price

  • 1 HKD = 11.75 INR
  • 24h High: 11.7468 INR
  • 24h Low: 11.7126 INR

Market Analysis

Recent HKD/INR price movements reflect ongoing currency market dynamics in the Asia-Pacific region. Technical analysis indicators show a Strong Buy outlook, with moving averages displaying 12 Buy signals and 0 Sell signals across multiple timeframes (MA5 to MA200).

  • Technical levels: Key support around 11.7126 INR, resistance at 11.7468 INR
  • Market forecast: Analysts project a potential 3.50% increase in March, with targets approaching 11.986 INR
  • Trading opportunities: Monitor the current consolidation zone between 11.71–11.75 INR for potential breakout entry points

Conclusion

Continue to monitor HKD/INR price action closely, leveraging the strong technical buy signals and positive forecast momentum. Traders should watch for sustained breaks above resistance levels and potential upside moves toward projected targets in the coming weeks.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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