Hong Kong’s de facto central bank says it has set up a working group to study the feasibility of an e-Hong Kong dollar. Photo: Bloomberg
Hong Kong’s de facto central bank says it has set up a working group to study the feasibility of an e-Hong Kong dollar. Photo: Bloomberg

Hong Kong’s e-dollar study in spotlight as city’s US dollar peg remains strong

  • Hong Kong Monetary Authority has set up a working group to look into ‘legal and regulatory issues’ related to an e-Hong Kong dollar
  • Local currency’s peg to US dollar is regularly questioned amid concerns that the de facto central bank might be forced to abandon the currency board

Hong Kong’s de facto central bank says it has set up a working group to study the feasibility of an e-Hong Kong dollar. Photo: Bloomberg
Hong Kong’s de facto central bank says it has set up a working group to study the feasibility of an e-Hong Kong dollar. Photo: Bloomberg
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