US rate hikes strain HK's economy - The Manila Times

5/15/2022 12:00:00 AM2 years 11 months ago
by Agence France-Presse
by Agence France-Presse
HONG KONG: Recent rate hikes from the Federal Reserve have come at a bad time for Hong Kong which, thanks to its US dollar peg, must follow suit despite its own flagging...
HONG KONG: Recent rate hikes from the Federal Reserve have come at a bad time for Hong Kong which, thanks to its US dollar peg, must follow suit despite its own flagging economy. Hong Kong has pegge… [+4258 chars]
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