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The Hong Kong dollar ( HKD ) has long been pegged to the U . S . dollar ( USD ) at HKD$ 7 .

The Hong Kong dollar(HKD) has long been pegged to the U.S. dollar(USD) at HKD$ 7.75= USD1.00. When the Chinese yuan(CNY) was revalued in July 2005 against the U.S. dollar from CNY8.28= USD1.00 to CNY8.11= USD1.00, how did the value of the Hong Kong dollar change against the yuan?

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