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Currencies

Architect of HK dollar peg says exchange rate system will endure

Currency link with US dollar 'remains the best solution' for Hong Kong

The HK dollar peg has held its ground despite concerns about capital outflows and bets by traders.   © Reuters

HONG KONG -- The architect of the Hong Kong dollar peg has said that the currency's resilience in the past six months amid anti-government protests vindicates the merits of the exchange rate system and expects it to last for many years to come.

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