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How has the value and usage of the Ten Hong Kong Dollar changed over the years?

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Monetary policy

Foreign exchange market

Circulation (currency)

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The value and usage of the Ten Hong Kong Dollar have undergone significant changes over the years. Initially, Hong Kong operated a silver standard, but in 1935, it adopted a sterling-based currency board, which later shifted to a US dollar-based system in 1983 . In more recent times, the Hong Kong Monetary Authority intervened in the foreign exchange market to stabilize the Hong Kong dollar against the US dollar, indicating fluctuations in its value . Furthermore, the circulation of Hong Kong-dollar currency outside the country increased due to economic integration with Mainland China and the gaming industry in Macao, impacting its usage and value . These historical and contemporary factors have influenced the trajectory of the Ten Hong Kong Dollar, reflecting the dynamic nature of its value and circulation.

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Open access•Posted Content Analysing External Demand for the Hong Kong-Dollar Currency Frank Leung, Philip Ng, Simon Chan - Show less +2 more 01 Sep 2010-Research Papers in Economics 6 Citations	The value and usage of the Hong Kong-dollar currency have increased, with 50-70% circulating outside Hong Kong due to economic integration, particularly with Mainland China and Macao's gaming industry.
Open access•Journal Article•DOI The Currency of Historicity in Hong Kong: Deconstructing Nostalgia through Soy Milk Catherine S. Chan 01 Dec 2015-Journal of Current Chinese Affairs 6 Citations	Not addressed in the paper.
Journal Article•DOI Ten Years and the politics of fear in post-Umbrella Hong Kong Wei Shi 02 Jan 2019-Continuum: Journal of Media & Cultural Studies 7 Citations	Not addressed in the paper.
Journal Article•DOI Hong kong's exchange rate regimes in the twentieth century: the story of three regime changes Tony Latter 01 Sep 2004-Social Science Research Network 11 Citations	The value and usage of the Ten Hong Kong Dollar changed due to regime changes in the 20th century, transitioning from a silver standard to a sterling-based currency board and later to a US dollar-based currency board.
Open access•Posted Content Foreign exchange market operations: the recent experience of Hong Kong Peter Pang 01 Jan 2005	The value of the Hong Kong dollar against the US dollar fluctuated, appreciating in late 2003, stabilizing in 2004, and facing renewed appreciation in early 2004.

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