Hong Kong Monetary Authority chief executive Joseph Yam attends news conference in Hong Kong.
Joseph Yam, chief executive of the Hong Kong Monetary Authority, attends a news conference in Hong Kong May 18, 2005. The Hong Kong Monetary Authority said on Wednesday it will introduce a trading band for the Hong Kong dollar in a move it hopes will bring Hong Kong interest rates closer to U.S. rates. REUTERS/Bobby Yip BY/CN