HONG KONG’S US DOLLAR PEG FACES FRESH CALLS FOR REVIEW – BUT IS CHANGE FEASIBLE?
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| Source | Latest linked headline | Age |
|---|---|---|
| News - South China Morning Post | HONG KONG’S US DOLLAR PEG FACES FRESH CALLS FOR REVIEW – BUT IS CHANGE FEASIBLE? | 1 hr ago |
WHAT HAPPENED
The Hong Kong dollar’s four-decade-old peg to the US dollar is facing fresh calls for review, after a local financial industry body urged greater use of the yuan and floated the idea of shifting to a basket of major… The proposal to revisit the pegged exchange rate system was submitted this week by the Hong Kong Securities and Futures Professionals Association (HKSFPA), as the government gathers...
News - South China Morning Post reports that the Hong Kong dollar’s four-decade-old peg to the US dollar is facing fresh calls for review, after a local financial industry body urged greater use of the yuan and floated the idea of shifting to a basket of major…
The report adds: The proposal to revisit the pegged exchange rate system was submitted this week by the Hong Kong Securities and Futures Professionals Association (HKSFPA), as the government gathers...
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