Foreign currency reserves up

February 11, 2019

Hong Kong’s foreign currency reserve assets increased to US$432 billion in January from US$424.7 billion in December, the Monetary Authority announced today.


Including unsettled foreign exchange contracts, foreign currency reserve assets at the end of January rose to US$424.9 billion from US$417.5 billion in December.


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

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