Since 1983, the Hong Kong dollar (HKD) has been anchored to the US dollar (USD) via the Linked Exchange Rate System (LERS). This is a robust currency board arrangement underpinned by full reserve backing — US dollar reserves fully back the amount of Hong Kong dollars issued. Operated under a strict, transparent and resilient Currency Continue reading Hong Kong Dollar Peg to Chinese Yuan: A Pragmatic Shift or Risky Gamble?
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Monday 13 October 2025
fairobserver - 3 month ago
Hong Kong Dollar Peg to Chinese Yuan: A Pragmatic Shift or Risky Gamble?
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Bill Gates
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fairobserver
France PM
French President
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huffpost
independent
India leader
India President
Iran Leader
Iran Pres
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Mexico Pres
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Portugal President
Russia PM
South A President
Spain Gov
Spain PM
Swedish PM
thenation
Turkey President
UK PM
UN
UN SG
