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: BloombergThe 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
Topic |   Hong Kong economy
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: BloombergThe 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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