1. Herrigel said that no decision had been taken about whether the new currency would be linked to the rand or to a basket of international currencies. 2. Brazil was weaned from years of hyper-inflation by loosely linking the currency to the dollar. 3. Countries whose currencies are closely linked to the German mark profited the most, as the mark appreciated against the dollar. 4. Falling U.S. interest rates help Argentine also because its currency is linked to the dollar. 5. For Hong Kong, where rates mirror the U.S. because the two currencies are linked, higher rates slow apartment sales and erode earnings for banks and property developers. 6. Hong Kong rates track the U.S. because their currencies are linked. 7. Hong Kong rates track those in the U.S. because their currencies are linked. 8. Hong Kong rates track those in the U.S., because their currencies are linked. 9. Hong Kong interest rates tend to fluctuate with U.S. interest rates because the currency is linked to the U.S. dollar. 10. Hong Kong interest rates track U.S. rates because their currencies are linked. |