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Business & Finance

BOJ Kuroda says Hong Kong's dollar peg policy key to its economy

  • "We will carefully watch developments in Asian financial markets, including that of Hong Kong," Kuroda told parliament.
Published June 11, 2020
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TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Thursday the Hong Kong dollar's peg to the US dollar is crucial to the health of the Hong Kong economy.

"We will carefully watch developments in Asian financial markets, including that of Hong Kong," Kuroda told parliament.

Kuroda made the remark when asked by a ruling party lawmaker about US President Donald Trump's suggestion that Washington could review the Hong Kong currency's peg to the US dollar.

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