| Journal Call no. | LG51.H5H57 |
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| Article Title | To peg, or not to peg? : a study of Hong Kong's exchange rate policy. |
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| Is Part Of | Chinese University bulletin ; Spr/Sum 1995, p.29-30, illus. |
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| Abstract | During the last currency crisis in 1983, Hong Kong abandond the floating exchange rate system which had been in place since 1974. The new system linked the HK dollar to the US dollar in the ratio of HK$7.80 to US$1. This success is as good a reason as any in the choice of exchange rate and monetary systems. Still, some of the theoretical and practical aspects of the current system merit closer examination. |
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