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Foreign currency reserves up

September 07, 2017

Hong Kong's foreign currency reserve assets increased by US$400 million to US$413.7 billion in August, the Monetary Authority said today.

 

Including unsettled foreign exchange contracts, foreign currency reserve assets at the end of August stood at US$405.5 billion.

 

The reserve assets represent more than seven times the currency in circulation or 46% of Hong Kong dollar M3.



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