Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The former British colony still pegs the value of its money to that of the US dollar. It’s an arrangement ...
HONG KONG/SHANGHAI, Jan 9 (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it ...