Skip to main content
Article thumbnail
Location of Repository

Offshore use of currency: Hong Kong’s experience

By Wensheng Peng and Joanna Y L Shi


This paper discusses a number of issues related to the circulation of Hong Kong dollars (HKD) outside Hong Kong. These include potential benefits and concerns for Hong Kong, and factors contributing to the external demand for HKD. The paper also provides empirical estimates of the likely holdings of HKD outside Hong Kong. Our estimates suggest that some 15-25 % of the total outstanding stock o

Year: 2013
OAI identifier: oai:CiteSeerX.psu:
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • (external link)
  • (external link)
  • Suggested articles

    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.