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Hong Kong’s US dollar peg explained: history, benefits and risks
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BizToc
As international investors diversify away from US dollar assets and amid the rise of internationalisation of the yuan, there are calls for reviewing the Hong Kong dollar’s peg.
Here is what to know about the system.
Why is the Hong Kong dollar pegged to the US dollar?
The birth of the…This story appeared on scmp.com , 2026-08-08 02:00:12.