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  "documentTitle": "Hong Kong Dollar / Hong Kong Monetary Authority (HKMA) (HKD)",
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  "authorName": "Pershing Square Capital Management",
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  "presentationDate": "2011-09-14 00:00:00",
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  "notes": "This appears to be a page from a government or central bank policy document regarding currency pegging.",
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      "text": "A rate of $8.00 is therefore presently suggested.",
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      "text": "14 A rate of $8.00 is therefore presently suggested. The possibility of having a small spread between issue and redemption rates for Cs of I is being considered.",
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      "text": "11 Public reaction might not, however, be limited to switching deposits. There could conceivably be a surge in demand for either HK dollars or US dollar banknotes...",
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      "text": "15 The Financial Secretary will give Members at the meeting the Administration's final views on the appropriate rate. It will depend on the latest exchange rates.",
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      "text": "12 While steps can be taken to provide relief in particular cases, the process of adjustment to the new scheme and the establishment of confidence in it will be frustrated if the Government were to act indiscriminately...",
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      "text": "13 Although the equilibrium exchange rate calculated purely by reference to current economic forces may be in the region of $7.00 or better...",
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