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SINGAPORE, Nov 16 (Reuters) - Hong Kong Chief Executive Donald Tsang said on Monday he would not shift away from having the Hong Kong dollar pegged to the U.S. currency. "The (peg to the) dollar has served us well over the past two decades...
As long as I am the chief executive, I am not going to shift that position," said Tsang in Singapore. Market talk speculating that Hong Kong could de-peg its currency resurfaced in the London forex market last week ahead of a visit to China by U.S. President Barack Obama on Sunday. (Reporting by Nopporn Wong-Anan and Saeed Azhar; Editing by Neil Chatterjee) Keywords: HONGKONG CEO/PEG (neil.chatterjee@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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