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  "documentTitle": "Hong Kong Dollar / Hong Kong Monetary Authority (HKMA) (HKD)",
  "authorId": "01_Pershing_Square",
  "authorName": "Pershing Square Capital Management",
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  "presentationDate": "2011-09-14 00:00:00",
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      "text": "Since 1983, the LERS has kept the HKD pegged to the USD at a rate of ~7.80 HKD/USD\nThe HKMA has established a 7.75 to 7.85 HKD/USD trading band for the currency\nThe price of the HKD is kept within the trading band through a series of arbitrage and automatic intervention mechanisms",
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