The Most “Boring” Currency in the World: Dollar Peg Between HKD and USD
Explain that under the Basic Law, Hong Kong is allowed to not implement foreign exchange control for better business environments, and the linked exchange rate system can stabilize the Hong Kong dollar and reduce transaction costs.
Photo: Bank of China Tower
Guest: Peter Lam, President of London Chinatown Chinese Associsation
Related Articles: Basic Law Article 109, Article 112, Article 115, and Article 118
Co-Producer:
RTHK
Constitutional and Mainland Affairs Bureau
Explain that under the Basic Law, Hong Kong is allowed to not implement foreign exchange control for better business environments, and the linked exchange rate system can stabilize the Hong Kong dollar and reduce transaction costs.
Photo: Bank of China Tower
Guest: Peter Lam, President of London Chinatown Chinese Associsation
Related Articles: Basic Law Article 109, Article 112, Article 115, and Article 118
Co-Producer:
RTHK
Constitutional and Mainland Affairs Bureau
- Category
- 문화 - Culture
- Tags
- Basic Law, CMAB, Dollar Peg Between HKD and USD
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