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Hong Kong celebrates 25 years of US dollar peg

By Tom Mitchell in Hong Kong

Published: October 16 2008 17:12 | Last updated: October 16 2008 17:12

Those emerging market countries whose currencies have been battered of late by the financial maelstrom may be looking with some envy at Hong Kong.

For on Friday, the territory celebrates the 25th birthday of its currency’s peg to the US dollar.

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