Monday, October 14, 2013

Hong Kong's dollar peg faces uncertainty with some seeing yuan link on the way





The Hong Kong dollar's peg to the US dollar has provided the city's exchange rate with certainty for the past three decades but many bankers and analysts now advocate a peg to the yuan, with the mainland currency on the way to becoming an international currency.









via Business feed http://www.scmp.com/business/economy/article/1331010/hong-kongs-dollar-peg-faces-uncertainty-some-seeing-yuan-link-way

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