Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S.

HONG KONG, Jan. 10 (Xinhua) -- Hong Kong's financial system remains resilient, supported by robust institutional frameworks, ample policy buffers, and smooth functioning of the linked exchange rate ...

Readers interested in the original Working Paper may purchase a copy from IMF Publication Services. Although the theoretical relationships are ambiguous, evidence suggests a strong link between the ...

Readers interested in the original Working Paper may purchase a copy from IMF Publication Services. Although the theoretical relationships are ambiguous, evidence suggests a strong link between the ...

10 (Xinhua) -- Hong Kong's financial system remains resilient, supported by robust institutional frameworks, ample policy buffers, and smooth functioning of the linked exchange rate system ...

Eddie Yue, Chief Executive at Hong Kong Monetary Authority (HKMA), reiterated in a blogpost that the authority has no intention and sees no need to change the Linked Exchange Rate System (LERS).

"And let me reiterate, we have no intention, and we see no need to change the Linked Exchange Rate System [LERS]" Do you have questions about the biggest topics and trends from around the world?