The Hong Kong Dollar peg to the US Dollar provides exchange rate stability, which is crucial for businesses by reducing currency risk and fostering a predictable economic environment. This stability attracts foreign investment, facilitates international trade, and helps control inflation, making Hong Kong an attractive global financial hub. The Hong Kong Dollar (HKD) has been pegged to the US Dollar (USD) since 1983, a policy that has played a critical role in shaping Hong Kong’s economic l...
