peg

Hong Kong has no intention of abandoning its US dollar peg, arguing that the system remained the most appropriate way to ensure financial stability. more...

Link to the U.S. dollar is forcing Hong Kong to import ultra-loose monetary policy amid soaring property prices, but the alternatives also carry risks. The Financial Times reports. more...

Countries around the world keep their currencies pegged to the U.S. dollar, but how is this balance maintained? We saw in a previous video how a floating exchange rate can significantly affect international trade, but how is this achieved? more...