Search Results - subject:"linked exchange rate"

Interest rate differentials under an exchange rate convertibility zone : a carry trade perspective

Fung, Joseph K. W.; Lam, Eric - 2019

Persistent link: https://www.econbiz.de/10012203057

Identifying the Signs of Currency Speculation in Hong Kong's Linked exchange Rate

Li, Kui-Wai - Volkswirtschaftliche Fakultät, … - 2011

This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...

Persistent link: https://www.econbiz.de/10009370834

The Credibility of the Link from the Perspective of Modern Financial Theory

Genberg, Hans; Hui, Cho-hoi - Hong Kong Monetary Authority - 2009

Hong Kong¡¯s Linked Exchange Rate system (LERS) has been in operation for 25 years during which time many other fixed …

Persistent link: https://www.econbiz.de/10005549492

Is the Hong Kong Dollar Exchange Rate "Bounded" in the Convertibility Zone?

Hui, Cho-Hoi; Fong, Tom - Hong Kong Monetary Authority - 2007

The empirical results show that after the introduction of the three refinements to the Linked Exchange Rate system in …

Persistent link: https://www.econbiz.de/10005736324

How Do Macroeconomic Developments in Mainland China Affect Hong Kong's Short-term Interest Rates?

He, Dong; Leung, Frank; Ng, Philip - Hong Kong Monetary Authority - 2007

inside a band that reflects the width of the Convertibility Zone of the Linked Exchange Rate system, Mainland-related shocks …

Persistent link: https://www.econbiz.de/10005736337