Globitair

HK Dollar Peg Architect Says Narrower Band May Ease Speculation

Bloomberg MarketsHong Kong

Narrowing the Hong Kong dollar’s trading band against the US greenback may enhance stability and reassure the public if such a move were ever implemented, according to John Greenwood, the economist dubbed the father of the city’s currency peg.

Read the full story at Bloomberg MarketsOpen in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Hong Kong