| Hong Kong urged to review dollar peg |
| Hong Kong should review its peg to the US dollar and consider linking to the renminbi, according to Joseph Yam, former head of the Hong Kong Monetary Authority. Mr Yam, who famously waged war against George Soros and other speculators to protect the peg during the Asian financial crisis, said Hong Kong might be better served by adopting a flexible exchange rate regime. http://link.ft.com/r/S4XZQQ/ |
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Tuesday, June 12, 2012
Hong Kong urged to review dollar peg
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