Concerns over HK dollar peg


THE recent fall of the Hong Kong (HK) dollar has left many wondering about the vulnerability of its peg to the US dollar and the potential impact on regional currencies.

While some are looking at the worst scenario for an attack on the peg, others are still confident on the HK dollar peg which trades within a range of HK$7.75-HK$7.85 to the US dollar.

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Business , column , Yap , economy , dollar , HK , peg , currencies , soros ,

   

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