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Foreign currency reserves up

January 06, 2017

Hong Kong’s foreign currency reserve assets increased by US$1.1 billion to US$386.2 billion in December, the Monetary Authority announced today.


Including unsettled foreign exchange contracts, foreign currency reserve assets at the end of December amounted to US$378 billion.


The reserve assets represent over seven times the currency in circulation or 48% of Hong Kong dollar M3.

Asian Financial Forum