Dollar Peg for Hong Kong. The Hong Kong dollar has long been pegged to the U.S. dollar at HK$7.84/$. When the Chinese yuan was revalued in July 2005 against the U.S. dollar from Yuan 8.27/$ to Yuan 8.14/$, how did the value of the Hong Kong dollar change against the yuan? The original HK$/Yuan cross rate was HK$ /Yuan. (Round to four decimal places.) The new HK$/Yuan cross rate was HK$ /Yuan. (Round to four decimal places.) (Select from the drop-down menus.) As a result of the of the Chinese yuan, the Hong Kong dollar has in value against the Chinese yuan