Hong Kong dollar

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/hong-kong-dollar

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. Who wrote Hong Kong dollar?Hong Kong Monetary Authority (HKMA)
2. What is the official currency of?Hong Kong Special Administrative Region
3. What is the global trading volume rank?Ninth-most traded currency globally (as of April 2019)

Monetary Sovereignty: A nation's or region's independent control over its own currency and monetary policy.
Foreign Reserves: Assets held by a central bank or monetary authority, typically in foreign currencies, used to back its own currency.
Liquidity: The ease with which an asset can be converted into cash without affecting its market price.
De Facto: In fact or in reality, although not officially or legally recognized.