The Hong Kong Dollar is the official currency of Hong Kong, abbreviated as HKD in forex markets. It is pegged to the U.S. dollar within a narrow trading band maintained by the Hong Kong Monetary Authority between 7.75 and 7.85.
Example
“USD/HKD traded near 7.82, staying within its linked exchange rate band, and forex traders watched for any intervention by the Hong Kong Monetary Authority at the band edges.”