John Greenwood, architect of Hong Kong’s currency system, reaffirmed there are no plans to alter the Hong Kong dollar’s US dollar peg, citing its stability and the enduring dominance of the greenback despite recent volatility and global shifts.
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Hong Kong Currency Expert Says No Plans to Change Hong Kong Dollar Peg

John Greenwood, architect of Hong Kong’s currency system, reaffirmed there are no plans to alter the Hong Kong dollar’s US dollar peg, citing its stability and the enduring dominance of the greenback despite recent volatility and global shifts.

Yonhap Infomax

Hong Kong’s ‘low-rate honeymoon’ ends as HKMA’s dollar-peg defence raises Hibor

A “low-rate honeymoon” for Hong Kong borrowers has come to an end with an increase in the interest…
#NewsBeep #News #Headlines #BankofEastAsia #DBSBank #EricTsoTak-ming #Hibor #HKMA #HongKong #HongKongdollar #HongKongMonetaryAuthority #JasperLo #Latvia #LV #mReferral #RyanLamChun-wang #SamuelTse #ShanghaiCommercialBank #USDollar #USFederalReserve
https://www.newsbeep.com/81484/

A rate divergence between the U.S. and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on. https://www.japantimes.co.jp/commentary/2025/01/15/hong-kong-dollar-peg/?utm_medium=Social&utm_source=mastodon #commentary #hongkong #us #usdollar #interestrates #currencies #hongkongdollar #fed
Hong Kong-dollar peg makes less sense than ever

It’s increasingly clear that the currency regime, which inevitably ties the city’s lending rates to those of the U.S., is outdated and needs a revamp.

The Japan Times