US dollar peg to remain, says HK chief executive


Hong Kong Special Administrative Region chief executive Leung Chun-ying gives insights into the HK dollar peg as well as his views about markets in general.

KUALA LUMPUR: The policy to keep the Hong Kong dollar pegged against the US dollar will remain although the Asian currencies have come under increasing pressure due to the volatility in the dollar.

Hong Kong chief executive Leung Chun-ying said that the policy of pegging the Hong Kong dollar to the US dollar has been operating well and he was not going to change it.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , dollar leung

Next In Business News

Toyota still has the drive
Hurdles in DBS’ Alliance Bank bid
Metals keep shining bright
Retailers get a lift from Sara
iCents eyes Asean
Ringgit likely to trade within narrow range next week ahead of BNM OPR decision
Reading the market signals
Breathing new life into forgotten spaces
Urban harmony: Can stakeholders row together?
China’s gold rush continues

Others Also Read