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August
2023
The Hong Kong dollar is slated for one of its largest declines in value since 1985, with the currency weighed down by low interest rates and a slowing mainland
Chinese economy.
Summary
Hong Kong's economy, facing pressures from rising interest rates and a flagging mainland Chinese economy, may require Hong Kong SAR government authorities to reassess the city's unique economic ties to both the U.S. and China.
Analysis
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