| Journal Call no. | HG1302.Q37 |
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| Author | Chen, Yuan. |
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| Article Title | A linked exchange rate and a smooth transition. |
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| Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.2, Feb 1995, p.22-25. |
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| Abstract | As a small open economy, exchange rate stability is the best choice as Hong Kong's monetary policy goal. The linked exchange rate has stabilised the financial markets and the economy. It is well accepted and understood by people from all walks of life and has shown itself resilient to shocks. The link should be maintained through the transitional period in 1997 and beyond. |
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