Dollar-yuan becomes Hong Kong's most-traded currency pair for first time

SHANGHAI, Aug 13 : The U.S. dollar-Chinese yuan has become the most-traded currency pair in Hong Kong, surpassing the Hong Kong dollar-U.S. dollar for the first time in April, the financial hub's Treasury Markets Association said.• Average daily foreign exchange turnover in Hong Kong rose to $908.2 billion in April, the TMA said in its semi-annual survey published this week.• Average daily turnover in the U.S. dollar-yuan pair climbed to $274 billion, accounting for about 30.2 per cent of the city's total foreign exchange transactions. That compared with $198.6 billion in the previous survey.• Average daily turnover in the Hong Kong dollar-U.S. dollar pair also increased, reaching $240.2 billion.• Beijing and Hong Kong authorities have unveiled a range of measures to bolster currency, bond