23
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Wednesday, December 13, 1972
Yet, while our reserves have suffered serious losses in U.S. dollar and
Hong Kong dollar terms it is a tribute to the underlying strength of our
position that confidence in the exchange stability of the Hong Kong dollar
remains unimpaired, and I hope honourable Members will bear this in mind
when making their own assessment of the Hong Kong Government's management of
our monetary affairs over the past few years.
Release time: 9.30 p.m.