The recent weakening of the Hong Kong dollar against the US dollar could be an example of a broader trend of emerging US dollar scarcity that is pushing up the global price of borrowing dollars. Photo: SCMP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Hong Kong dollar’s travails point to global greenback supply problem

The Hong Kong dollar’s drift has already elicited a substantive response from the Hong Kong Monetary Authority

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The recent weakening of the Hong Kong dollar against the US dollar could be an example of a broader trend of emerging US dollar scarcity that is pushing up the global price of borrowing dollars. Photo: SCMP
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