Famed hedge funder Kyle Bass is betting big against the Hong Kong dollar as the US threatens to remove a key peg

Famed hedge funder Kyle Bass is betting big against the Hong Kong dollar as the US threatens to remove a key peg

Business Insider

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· Hedge fund veteran Kyle Bass is betting against the Hong Kong Dollar, in expectation that the US will remove a key peg against the dollar, Bloomberg reported.
· His Hayman Capital firm is making a 200 times leveraged bet against the currency, which has been pegged against the US dollar for almost 40 years.
· Investors...

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