What The Hong Kong Dollar Peg Is And Why It Matters

Pegged to the U.S. dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t. Heightened tension between the U.S. and China over the city’s autonomy has focused attention on it yet again.

Topics:  hong kong   china   u.s    peg   
BING NEWS:
  • Live Yuan to Hong Kong Dollar Exchange Rate Today and Latest CNY/HKD Data
    the 36-year old peg between the Hong Kong and US... British Pound to New Zealand dollar rate (GBP/NZD) continues to soften after UK Business Optimism fell to a 3-year low. Thursday ...
    03/25/2024 - 3:52 am | View Link
  • Hong Kong's new national security law comes into force
    Lawmakers vote during the second reading of the Safeguarding National Security Bill, also referred to as Basic Law Article 23, at Hong Kong’s Legislative Council, on Mar 19, 2024. (Photo ...
    03/22/2024 - 11:51 pm | View Link
  • Convert Live Dollar to Hong Kong Dollar Exchange Rate Today: 7.8245
    the 36-year old peg between the Hong Kong and US... British Pound to New Zealand dollar rate (GBP/NZD) continues to soften after UK Business Optimism fell to a 3-year low. Thursday ...
    03/22/2024 - 1:00 pm | View Link
  • Conflux Partners AnchorX to Launch AxHKD Stablecoin in Q2 2024
    Chinese layer 1 blockchain project Conflux Network has tapped fintech firm AnchorX to float a Hong Kong dollar-backed stablecoin.
    03/20/2024 - 11:55 pm | View Link
  • Conflux aims for Q2 launch of HKD-pegged stablecoin with AnchorX
    Conflux and AnchorX are conducting beta-testing of AxHKD, designed to maintain a 1:1 peg with the Hong Kong dollar.
    03/20/2024 - 8:04 pm | View Link
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