The Hong Kong dollar's peg to the US dollar will not change despite recent volatility and a "mild erosion" of the US dollar's ...
The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. What happened alongside the TWD appreciation was an outsized ...
The Hong Kong dollar bounced and pulled away from the weak end of its fixed trading band against the dollar after months of pressure, an early sign that sustained interventions by the city’s de facto ...
HONG KONG/SHANGHAI (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it, the ...