Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

John Greenwood says drawing HK$150 billion from the fund is justified, calling the move a legitimate, long‑term investment ...

HONG KONG (Reuters) -Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a ...

A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might eventually replace it. It’s an issue that’s gaining traction after intervention ...

WASHINGTON - China announced Thursday that it would abandon its currency peg to the dollar, a move that was praised in Washington as a gesture that would improve trade relations between the two ...

KUWAIT/DUBAI (Reuters) - Gulf Arab countries will discuss pegging their planned single currency to a basket instead of the U.S. dollar, a Kuwaiti government official said on Tuesday, putting the ...

LAGOS (Reuters) - Nigeria's naira weakened against the dollar for a second day on Tuesday after the central bank removed its currency peg in an effort to alleviate chronic foreign currency shortages ...

Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a peg that has been strained by volatility in the greenback. The Hong Kong ...

The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency’s strength threatens its peg to the U.S. dollar.