The Hong Kong Monetary Authority currency board subcommittee monitors and reports on the linked exchange rate system that pegs the Hong Kong dollar against the US dollar between a range of 7.75 to 7.85. Photo: Bloomberg
The Hong Kong Monetary Authority currency board subcommittee monitors and reports on the linked exchange rate system that pegs the Hong Kong dollar against the US dollar between a range of 7.75 to 7.85. Photo: Bloomberg

Hong Kong dollar no longer ‘safe haven’ for investors as protests cast doubt, ‘father of dollar peg’ says

  • Hong Kong’s ‘safe haven’ status has diminished due to political instability caused by anti-government protests in the city, Invesco’s John Greenwood says
  • Extra liquidity from the US Fed is likely to flow into all Asian markets, not primarily Hong Kong, as it did after global financial crisis over a decade ago

The Hong Kong Monetary Authority currency board subcommittee monitors and reports on the linked exchange rate system that pegs the Hong Kong dollar against the US dollar between a range of 7.75 to 7.85. Photo: Bloomberg
The Hong Kong Monetary Authority currency board subcommittee monitors and reports on the linked exchange rate system that pegs the Hong Kong dollar against the US dollar between a range of 7.75 to 7.85. Photo: Bloomberg
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