Hong Kong to change its HK$ peg away from USD by end of 2026?
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Aktualisiert vor 18 Minuten
3. Aug. 24, 07:21 UTC31. Dez. 26, 12:59 UTC
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Recently there have been efforts by countries including China to move away from the USD as the global reserve currency, especially given the great power the US has in order to sanction Russia.
- Hong Kong currently pegs the Hong Kong Dollar (HKD) to a band to the US Dollar (USD) only.
- This market resolves to YES if by the end of 2026, Hong Kong changes its peg to another currency (the Chinese Yuan, Euro, or other), or if it changes its peg to a basket of currencies (even if that basket contains the USD).
- If the peg is removed, and the HKD freely floats, this market resolves to YES.
- If Hong Kong changes the peg, but it remains as a peg to the USD and only the USD, that does NOT count as resolving the market to YES.
- If the peg remains on USD until the end of 2026, this market resolves to NO.
