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HK Dollar Peg Architect Says Narrower Band May Ease Speculation

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.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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