Far Eastern Economic Review1967 |
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Page 380
... dollar return in foreign exchange ” and “ we can THE DECISION to devalue the ... US and other countries , said the Financial the economy . Nonetheless ... US dollar would allowed Hongkong both to maintain its commercial banks , the Colony ...
... dollar return in foreign exchange ” and “ we can THE DECISION to devalue the ... US and other countries , said the Financial the economy . Nonetheless ... US dollar would allowed Hongkong both to maintain its commercial banks , the Colony ...
Page 417
... dollar was devalued and revalued like a yoyo currency , it is clear that a financial centre as dependent on an ... US dollar as its banks have to do with doubtful speculations . Given the nature of the Hongkong economy and the pattern of ...
... dollar was devalued and revalued like a yoyo currency , it is clear that a financial centre as dependent on an ... US dollar as its banks have to do with doubtful speculations . Given the nature of the Hongkong economy and the pattern of ...
Page 419
... of the but the Government apparently did not share this view and dollar was becoming increasingly indefensible . The reserves the Executive Council agreed that caution was the best path in London were sufficiently strong to absorb the ...
... of the but the Government apparently did not share this view and dollar was becoming increasingly indefensible . The reserves the Executive Council agreed that caution was the best path in London were sufficiently strong to absorb the ...
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