ERM smooth says HKMA

The system, which the Hong Kong regulator uses to try and keep the Hong Kong dollar valued at around 7.80 to the US dollar, provided a stable monetary environment despite a "marked shift in market sentiment from extreme pessimism during the Sars [severe acute respiratory syndrome] outbreak to optimism in the later part of the year", officials said.

The report explained that the Hong Kong dollar exchange rate appreciated in late September, triggered by US dollar weakness and pressure for yuan

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: