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The Hong Kong dollar's 36-year-old peg to the US dollar will survive current tensions between the ... Under the currency board system behind the peg, Hong Kong's monetary base is fully backed by foreign reserves, while the local interest rates move ...
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Turkey has sold $44bn defending the lira this year, say bankers Hunting for extra foreign funding, Turkey this month sealed a deal with Qatar to triple a currency swap line to $15bn, helping to raise the Turkish ...
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