LOOSE CHANGE

LOOSE CHANGE

The Hong Kong Monetary Authority is setting new standards in discretion. After senior representatives of central banks from Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand met in the British colony on January 22 to discuss recent speculative activity in their currencies, spokesman Osbert Lam would only say: "The subject of the meeting was to exchange views. If the situation warrants, we may hold meetings in the future."

The Czech Republic will take another step along

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