The US is reportedly threatening to remove the dollar's peg to the Hong Kong dollar. Here's why that's an empty threat from the Trump administration.

The US is reportedly threatening to remove the dollar's peg to the Hong Kong dollar. Here's why that's an empty threat from the Trump administration.

Business Insider

Published

· Bloomberg reported this week the US might restrict Hong Kong's access to US dollars and potentially spell an end to the Hong Kong dollar's 37-year currency peg to the US dollar. 
· One analyst, however, rubbished the threats, saying that such a move "would be an act of war" and wouldn't be implemented by the US. 
· He...

Full Article