Hong Kong SAR’s Monetary and Exchange Rate Challenges

Historical Perspectives

  • Catherine R. Schenk

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Historical Perspectives

  3. The Currency Board

  4. The Future of the International Financial Centre

    1. Front Matter
      Pages 159-159
  5. Back Matter
    Pages 189-201

About this book


Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar to the US Dollar. This volume explores the origins and persistence of this system, presenting the viewpoint of several of the main protagonists in the operation of the currency board since 1983 as well as new research by academics.


banking economy monetary policy

Editors and affiliations

  • Catherine R. Schenk
    • 1
  1. 1.University of GlasgowUK

Bibliographic information