IMF says HK dlr peg good but needs constant review

US - Hong Kong's dollar peg is appropriate for the region's economy, the International Monetary Fund said on Wednesday, but warned it is a policy that requires constant review.

In a regular assessment of the Hong Kong economy, the IMF said the smooth functioning of the link will depend on good fiscal policies, flexible markets, large foreign exchange reserves and a robust financial system.

The IMF said in a statement the peg is the "best option" for Hong Kong but noted "the exchange rate regime