ENG-1978 — Page 9

Hong Kong Year Books 香港年報 All

When dollars are quoted in this report, they are, unless otherwise stated, Hong Kong dollars. The Hong Kong dollar has been allowed to float since November, 1974, its exchange rate fluctuating ac- cording to market conditions. At the end of 1978, the middle market rate was about HK$4.80=US$1.

El

Metrication is being adopted by government depart- ments; for consistency, all reports have been pre- sented in metric units whether originating in metric units or otherwise.

1

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=

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