A Hong Kong 10 dollar banknote, a US 100 dollar banknote, and Chinese 100 yuan banknotes are seen in this picture illustration. Photo illustration: Reuters

Hong Kong dollar’s peg to the greenback remains strong and valid

The recent volatility of the Hong Kong dollar has less to do with its fundamentals than a sign that low interest rates are coming to an end and that the easy money has all been made. If so, it may even be a useful warning

Topic |   Currencies

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A Hong Kong 10 dollar banknote, a US 100 dollar banknote, and Chinese 100 yuan banknotes are seen in this picture illustration. Photo illustration: Reuters
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