The currency was in theory governed by a rules-based Currency Board, which the British invented for their smaller colonies. It tied the local currency to the British Pound, giving local authorities no discretion in monetary policy.
港元在理论上由照章办事的货币局管理，这是英国人为小块殖民地发明的货币管理机制。这种机制把当地货币与英镑挂钩，当地政府无权自行决定货币政策。