TMA Treasury Markets Certificate Practice Questions - TMA Professional Certificate In Treasury Markets Exam

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Under the Linked Exchange Rate System (LERS) of Hong Kong, what is the specific trading range for the Hong Kong Dollar (HKD) exchange rate against the US Dollar (USD)?

7.75 to 7.85 HKD per USD 7.70 to 7.90 HKD per USD 7.80 to 7.85 HKD per USD 7.75 to 7.80 HKD per USD

Correct Answer:

7.75 to 7.85 HKD per USD

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