Search results
Results from the WOW.Com Content Network
1 Table of Monetary Policy framework. ... Download QR code; Print/export Download as PDF; Printable version; ... Free floating (33)
The implied PPP exchange rate is 3.58 HK$ per US$. The difference between this and the actual exchange rate of 7.83 suggests that the Hong Kong dollar is 54.2% undervalued. That is, it is cheaper to convert US dollars into Hong Kong dollars and buy a Big Mac in Hong Kong than it is to buy a Big Mac directly in US dollars. [citation needed]