UK £ millions (at 1991-92 prices)
0
30
Scenario 3: HK$ worthless from 1 July 1997
Emerging costs of benefits to Hong Kong HMOCS
25
2007/08
20
15
1997/98
10
5
Trigger level: HK$30
HMOCS and 35% potential HMOCS $1851\pr8\1
2017/18
027/28
:when the exchange rate from 1 July 1997 is assumed to be
HK$8
HK$12
HK$16
Trigger
& then constant
level HKS
HK$20
HK$29
HK$13.76
HKS
& then worthless;
depreciating
@ 25 pa
13.76
0
53
118
192
87
377
16
65
139
43
324
22
0
51
7
236
30
0
0
0
1
173
2037/38
Years: 1997/98 to 2070/71
2047/48
Trigger level: HK$22
N
Trigger level: HK$16
Trigger level: HK$13.76