BUSAAN (5)
1989.
Since May 1989 the property and stock markets have suffered considerably but the economy and financial system generally have remained stable. The Hong Kong $ is linked to the US $ (1 US$ =
7.80 HK$). This has kept the currency stable with only minor
flunctuations of up to 0.6%.
Hong Kong Department
5 September 1989
Page 75888-388
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