Explainer | Hong Kong dollar peg: what is it and why is it important?
The Hong Kong dollar was pegged to the US dollar on October 17, 1983
The Hong Kong dollar was originally set at a rate of 7.8 per US dollar, although it has been allowed to trade between 7.75 and 7.85 per US dollar since 2005
……Read full article on South China Morning Post - Hong Kong
Finance Hong Kong News International
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