The Hong Kong dollar's peg to the US dollar will not change despite recent volatility and a "mild erosion" of the US dollar's dominance, according to John Greenwood, the economist behind the city's ...

A currency board combines three elements: an exchange rate that is fixed to an "anchor currency," automatic convertibility (that is, the right to exchange domestic currency at this fixed rate whenever ...

Steve Hanke, a professor in the Department of Environmental Health and Engineering, has been awarded his seventh honorary doctorate. He was recognized by D.A. Tsenov Academy of Economics in Svishtov, ...