The Hong Kong currency peg, in its present form, has existed since 1983. However, some Hong Kong observers have begun to question whether the HK dollar’s link to the US dollar is relevant and in the ...
(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority sold a record HK$60.5 billion ...
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Are Hong Kong foreign exchange firms secure enough?
After a shocking 51 million yen robbery last week, the South China Morning Post examines the risks in the city's cash exchange trade Hong Kong was shaken last week by a 51 million yen (US$327,560) ...
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