Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant risks in investment Whenever interest rates climb, so do calls to unpeg the ...

HONG KONG (Reuters) -Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a ...

While the currency peg is not indestructible, investors should not underestimate the extent to which it is part of the city's raison d'Etre In financial markets, the Hong Kong dollar is known as a ...

A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might eventually replace it. It’s an issue that’s gaining traction after intervention ...

Hong Kong intervened to defend its peg, buying a record amount of US dollars after the city’s currency rose to the upper end of its trading band. The Hong Kong Monetary Authority spent HK$46,539 ...

(Reuters) -Hong Kong will maintain its currency peg to the U.S. dollar, the financial hub's leader said in an interview published on Monday, despite escalating geopolitical tensions and some calls to ...