Hong Kong Official Currency Reserve Assets at $413.3 Billion in July 2017
Hong Kong | 7th August 2017
The Hong Kong Monetary Authority (HKMA) announced today (Monday) that the official foreign currency reserve assets of Hong Kong amounted to $413.3 billion as at the end of July 2017 (end-June 2017: US$408.0 billion).
” Hong Kong Official Reserve at US$413.3 Billion “
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of July 2017 amounted to $405.0 billion (end-June 2017: $399.7 billion).
The total foreign currency reserve assets of $413.3 billion represent over seven times the currency in circulation or about 47% of Hong Kong dollar M3.
Official Press Release by Hong Hong Monetary Authority