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HK dollar re-peg to RMB tipped before end of 2011

Leigh Powell
BarCap's Peter Redward argues that the Hong Kong dollar peg could be switched to the renminbi very quickly, preceded by a 10% appreciation of the Chinese currency.
HK dollar re-peg to RMB tipped before end of 2011

The Hong Kong government could re-peg the city’s currency to the Chinese renminbi before the end of next year, a packed conference hall was forewarned yesterday.

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