Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant ...
As rising US interest rates and economic pressures fuel speculation over Hong Kong’s monetary policy, the chief architect behind its currency’s peg to the US dollar defends the link as the city’s best ...
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal ...
HONG KONG -- As Hong Kong returns to the global top five for public offerings, propelled by Chinese companies seeking dollar funding outside the U.S., concerns are rising over the long-established ...
Traders and analysts expect Argentina's central bank to lower its benchmark interest rate as soon as Thursday, as inflation falls sharply and as the bank is set to slow the monthly pace of devaluation ...
The finance chief also promoted the city’s ‘new advantages’ during the World Economic Forum’s annual meeting in Davos.
The GCC currencies are pegged or linked to the dollar ... that are now in the first stages of another epic blow-up. The GCC currency pegs mean that a surge in the dollar when crude oil prices ...
Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in ...
What is First Digital USD (FDUSD) and how does it work? First Digital USD (FDUSD) is a digital currency pegged to the US dollar. It operates on blockchain technology, ensuring secure, transparent, and ...