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Tale of two cities and two exchange rate regimes

Both Hong Kong and Singapore have been exceptionally successful global cities. It may be time for them to also share a similar exchange rate regime.

Pegging the HKD solely to the CNY along with an interchangeability agreement with China might be something that could well happen over the longer term.

US PRESIDENT Donald Trump recently announced that he is rescinding Hong Kong's special status with the US in trade, travel and technology transfer as part of a set of retaliatory actions against Hong Kong's National Security Law enacted by mainland China. In addition, if reports are to be...

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