Hong Kong's foreign currency reserve assets amounted to US$135.4 billion in March, US$800 million less than in February, the Monetary Authority says.

Including unsettled forward contracts, Hong Kong's foreign currency reserve assets also stood at US$135.4 billion.

Hong Kong is the world's eighth largest holder of foreign currency reserves, after Mainland China, Japan, Russia, Taiwan, Korea, India and Singapore.

The total foreign currency reserve assets of US$135.4 billion represent more than six times the currency in circulation or about 35% of Hong Kong dollar M3.