Note 1-4
- Japanese version
- English version
(4) In Asia, the fixed exchange rate system is adopted in Malaysia, the currency board system in Hong Kong, and the managed float system in China, Singapore, Indonesia and Thailand. All three exchange rate systems seem to be somewhat pegged to U.S. dollar. The complete float system is adopted in the Republic of Korea, Taiwan and the Philippines, where the fluctuation band against the U.S. dollar is small.