Currency exchange booths in Tsim Sha Tsui on June 11, 2020. When the US dollar dives on the foreign exchanges, the Hong Kong dollar inevitably gets dragged down. Photo: Sam Tsang
Currency exchange booths in Tsim Sha Tsui on June 11, 2020. When the US dollar dives on the foreign exchanges, the Hong Kong dollar inevitably gets dragged down. Photo: Sam Tsang
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

What it means for Hong Kong if the world turns against the US dollar

  • The safe-haven buying propping up the US dollar will recede. As inflation worries grow, a lax Fed response could turn currency markets away – leaving the Hong Kong dollar at risk

Currency exchange booths in Tsim Sha Tsui on June 11, 2020. When the US dollar dives on the foreign exchanges, the Hong Kong dollar inevitably gets dragged down. Photo: Sam Tsang
Currency exchange booths in Tsim Sha Tsui on June 11, 2020. When the US dollar dives on the foreign exchanges, the Hong Kong dollar inevitably gets dragged down. Photo: Sam Tsang
READ FULL ARTICLE