Hong Kong Official Currency Reserve Assets at $419.2 Billion in October 2017
Hong Kong | 7th November 2017
The Hong Kong Monetary Authority (HKMA) announced today (Tuesday) that the official foreign currency reserve assets of Hong Kong amounted to $419.2 billion as at the end of October 2017 (end-September 2017: $419.3 billion).
” HONG KONG OFFICIAL RESERVE AT US$419.2 BILLION “
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of October 2017 amounted to $410.9 billion (end-September 2017: $411.0 billion).
The total foreign currency reserve assets of $419.2 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 (The latest monthly figures are preliminary and subject to change)