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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
Category
문화 - Culture
Tags
Basic Law, CMAB, Dollar Peg Between HKD and USD
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