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Old 6th Nov 2007, 13:36
  #28 (permalink)  
Dan Winterland
 
Join Date: Jun 2001
Location: Blighty
Posts: 4,789
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16.22 HKD to the GBP this morning. The HKD's link to the US dollar is becoming less tenuous as the greenback is heading rapidly towards Andrex status. It's time for the HK overnment to bite the bullet and break the link and prevent last week's fiasco where they had to inject billions into the money market to prop up the HKD to keep it in line with what is quite plainly becoming the market force in the FX markets. The Yuan!
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