exchange rate – Charm

Opinion | Hong Kong’s dollar peg is an important bulwark against volatility

Cs news6 months ago03 mins

Whenever interest rates climb, so do calls to unpeg the Hong Kong dollar from the US currency. With US interest rates elevated and the Hong Kong dollar hitting a 3½-year high against the American dollar earlier this month, the debate has flared up again. Some argue that the dollar peg limits Hong Kong’s monetary flexibility…

The Australian dollar could be heading to a 20-year low, on risks of China, Trump and slow growth

Cs news7 months ago013 mins

You wouldn’t be an economics forecaster for quids. Well, maybe you would, given the money they make, never even blinking about their frequent and sudden about-turns. A couple of months back, when the Australian dollar burst through 0.69 US cents, there was no shortage of highly paid currency traders and economists predicting a quick flirtation…