This paper examines the exchange rate regime that the Hong Kong Monetary Authority adopts-the linked exchange rate system or the currency board system. The paper will make a brief introduction of the system, including...This paper examines the exchange rate regime that the Hong Kong Monetary Authority adopts-the linked exchange rate system or the currency board system. The paper will make a brief introduction of the system, including its history of development and its operation process.展开更多
文摘This paper examines the exchange rate regime that the Hong Kong Monetary Authority adopts-the linked exchange rate system or the currency board system. The paper will make a brief introduction of the system, including its history of development and its operation process.
