HONG KONG (Reuters) -Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a ...

HONG KONG (Reuters) - Hong Kong's central bank said on Thursday it has confidence in the financial hub's more than three-decade old peg to the U.S. dollar, even as it continued to intervene to prop up ...

Nepal, April 21 -- Nepal does not truly run its own monetary policy. A small, import-dependent economy that needed stability, ...

A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might eventually replace it. It’s an issue that’s gaining traction after intervention ...

Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a peg that has been strained by volatility in the greenback. The Hong Kong ...

The Hong Kong currency peg, in its present form, has existed since 1983. However, some Hong Kong observers have begun to question whether the HK dollar’s link to the US dollar is relevant and in the ...

In biblical parlance, a rough interpretation of the Garden of Eden is that it is a highly desirable place to be. For investors looking for long exposure to Europe, finding such a destination can be ...

“The UAE either keeps its currency pegged to the dollar, in which case too many dirhams will chase too few goods, and prices will inevitably rise; or else revalue the dirham so each one is worth more ...

The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency’s strength threatens its peg to the U.S. dollar.

HONG KONG (Reuters) - Hong Kong has no plans to change its currency peg against the U.S. dollar, a government official said on Friday, dismissing talk of the authorities rethinking policy after being ...