The Hong Kong Monetary Authority’s billion-dollar intervention to defend the Hong Kong dollar peg to the US dollar last week has again raised questions about the city’s 32-year-old currency peg. Photo: AFP

Why Hong Kong still needs to peg its currency to US dollar

Topic |   Yuan
The Hong Kong Monetary Authority’s billion-dollar intervention to defend the Hong Kong dollar peg to the US dollar last week has again raised questions about the city’s 32-year-old currency peg. Photo: AFP
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