Speaking at an event yesterday (3 Mar), Financial Secretary Paul Chan reiterated that the linked exchange rate and fiscal reserves of more than $800 billion are “solid backup force” against ...

Under a currency peg known as the Linked Exchange Rate System, Hong Kong's monetary policy has moved in lockstep with Fed policy since 1983. "Interest rates in Hong Kong might still remain at ...

The collapse in 2002 of Argentina’s hard peg (the currency board, which linked domestic peso issuance to dollars in the central bank) cast doubt on the hard end of the bipolar spectrum. The 2003 ...