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View Full Version : IMF Says Hong Kong Needs Immediate Stimulus Should Crisis Cause Recession - Bloomberg



NewsWhore
12-08-2011, 09:10 PM
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IMF Says Hong Kong Needs Immediate Stimulus Should Crisis Cause Recession (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGYQW-iC9nFLrXO19WcoE6jQNf7Jw&url=http://www.bloomberg.com/news/2011-12-09/imf-says-hong-kong-needs-immediate-stimulus-should-crisis-cause-recession.html)
Bloomberg
Rising consumer prices has led to proposals of changing the city&#39;s 28-year-old currency peg to the US dollar. The fixed exchange rate system “merits continued support” because it provides financial stability, the IMF said.

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