HK currency peg

Hong Kong’s peg to US dollar still ‘appropriate’

Rising inflation is testing Hong Kong’s peg to the US dollar, but our readers don’t expect any policy change until the renminbi is freely convertible.

<div style="text-align: left;"> HKMA's Norman Chan says US dollar is not in danger of long-term depreciation (AFP) </div>

Nick Ferguson

August 16, 2011

We asked our readers last week when they thought Hong Kong would give up its currency peg to the US dollar, and most said that the special administrative region will wait for the renminbi to become freely convertible.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.