Hong Kong dollar banknotes are arranged for a photograph on April 23. The HKMA has intervened several times this year to defend its currency peg even before reports emerged that US authorities have considered undermining the Hong Kong dollar’s peg to the US dollar as a way to punish China for its actions towards Hong Kong. Photo: Bloomberg
Hong Kong dollar banknotes are arranged for a photograph on April 23. The HKMA has intervened several times this year to defend its currency peg even before reports emerged that US authorities have considered undermining the Hong Kong dollar’s peg to the US dollar as a way to punish China for its actions towards Hong Kong. Photo: Bloomberg