HK Dollar Peg Architect Says Narrower Band May Ease Speculation
Paywall
Narrowing the Hong Kong dollar’s trading band against the US greenback may enhance stability and reassure the public if such a move were ever implemented, according to John Greenwood, the economist dubbed the father of the city’s currency peg.
Narrowing the Hong Kong dollar’s trading band against the US greenback may enhance stability and reassure the public if such a move were ever implemented, according to John Greenwood, the economist dubbed the father of the city’s currency peg.
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