EFTA Document EFTA01379383

22 December 2017 EM Currency Handbook 2018: Still Fuel in the Tank Hong Kong Since 1983 the Hong Kong dollar has been linked to the US dollar at the rate of approximately HKD7.8 to one US dollar. Essentially, in all but 11 years of its existence, Hong Kong has maintained a pegged exchange rate regime of some sort. In recent years, a growing chorus of investors and analysts has noted that Hong Kong is no longer as cyclically aligned with the US as it used to be. Consequently there is a