The peg’s introduction was an effort by the Hong Kong government to re-establish ... rate number means it takes fewer Hong Kong dollars to buy one US dollar, hence the Hong Kong dollar is ...

Questions about the peg -- under which the Hong Kong dollar is set at a narrow trading range of between 7.75 to 7.85 to one U.S. dollar -- aren't new. But they are growing amid fears that the ...

The Hong Kong dollar climbed to its strongest level in three and a half years, thanks to a year-end surge in demand that pushed the currency’s short-term borrowing costs to a record high.

Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant ...

The city’s currency is confined to a trading band of 7.75 to 7.85 per US dollar. The funding squeeze also has resulted in Hong Kong interest rates, which typically move in tandem with their US ...