Hong Kong's foreign currency reserve assets amounted to US$122.4 billion at the end of May, down US$200 million on April.

The Monetary Authority said today that including unsettled forward contracts, the foreign currency reserve assets of Hong Kong at the end of May also stood at US$122.4 billion, compared with US$122.6 billion in April.

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