Doubts about the dollar's supremacy present a unique opportunity to accelerate the yuan's internationalisation The third and ...

Get the answers with SCMP Knowledge, our new platform of curated ... smoothly in accordance with the design of the LERS," Yue said. The Hong Kong dollar is linked to the US dollar at a fixed ...

"Despite the recent interest in LERS and even speculation regarding potential geopolitical shocks, the Hong Kong dollar market has continued to operate smoothly in accordance with the design of ...

The Hong Kong dollar's peg to the US currency is seen as a unique advantage for the city, as the majority of stablecoin trading activity happens through cryptocurrencies backed by the US dollar ...

But trade-offs exist in any pegged system, and in Hong Kong's case, the benefits far outweigh the downsides. Removing the ...

The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. Read more ...

An official Awards Ceremony will be held at the Hong Kong Palace Museum on 16 May 2025, with further details to be announced in due course. NEW WAVES: Pioneering the Next Design Frontier The "NEW ...