Summary | The Hong Kong Monetary Authority (HKMA) has defended
the "dollar peg”, saying that the easing of the Hong Kong
dollar against the US greenback, along with recent capital
outflows, reflects normal workings in accordance with the
design of the Linked Exchange Rate System (LERS).
the "dollar peg”, saying that the easing of the Hong Kong
dollar against the US greenback, along with recent capital
outflows, reflects normal workings in accordance with the
design of the Linked Exchange Rate System (LERS).
chinadaily.com.cn | 27 January 2016