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1. www.armstrongeconomics.com › international-news › east_asiaThe Hong Kong Dollar Peg – When Will it Break?

   www.armstrongeconomics.com › international-news › east_asia

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   2019年3月10日 · In 1972, the Hong Kong dollar was pegged to the U.S.dollar at a rate of HK$5.65 = US$1. …. Between 1974 and 1983, the Hong Kong dollar floated. On 17 October 1983, the currency was pegged at a rate of HK$7.8 = US$1, through the currency board system. The problem Hong Kong will face is as the financial crisis in Europe erupts, this will push ...