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Hong Kong Has All But Abandoned the Dollar Peg - Bloomberg

Hong Kong Has All But Abandoned the Dollar Peg - Bloomberg

toggle hong kongEstablished in 1911, the University of Hong Kong (HKU) is the territory's oldest institute of hher learning and also an internationally recognizedHong Kong surrendered its monetary autonomy decades ago, thanks to a unique mechanism that restricts its currency fluctuation to a narrow band of 7.75 and 7.85 per dollar.

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