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Foreign currency reserves up

August 07, 2017

Hong Kong’s foreign currency reserve assets increased by US$5.3 billion to US$413.3 billion in July, the Monetary Authority said today.

 

Including unsettled foreign exchange contracts, foreign currency reserve assets at the end of July stood at US$405 billion.

 

The reserve assets represent more than seven times the currency in circulation or 47% of Hong Kong dollar M3.



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