HONG KONG: The Hong Kong Monetary Authority (HKMA) on Sunday (May 31) has said that it has the capability, resources and determination to safeguard Hong Kong's monetary and financial stability.
The free flow of capital and free convertibility of the Hong Kong dollar will continue to be safeguarded by the Basic Law of the Hong Kong Special Administrative Region (HKSAR). It sees no need and has no plan to change the well-established Linked Exchange Rate System, said the HKMA.
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