peg

Rising inflation is testing Hong Kong’s peg to the US dollar, but our readers don’t expect any policy change until the renminbi is freely convertible.

Just ahead of the G20 meeting, China says it will increase the flexibility of the renminbi now that the global economy is gradually recovering.

As the world economy enters turbulence, dollar-holders will finally emerge as winners.

In the 1990s, Hong KongÆs peg to the US dollar created runaway asset inflation that eventually led to a crash. This could be repeated.

China''s peg to the dollar: more sustainable than realized, but still a distortion, argues StanChart''s senior economist.

Deutsche Bank''s chief economist reckons a free float and a devaluation of the HK$ are on the cards.