Hong Kong Official Currency Reserve Assets at $431.3 Billion in December 2017
Hong Kong | 5th January 2018
The Hong Kong Monetary Authority (HKMA) announced today (Friday) that the official foreign currency reserve assets of Hong Kong amounted to US$431.3 billion as at the end of December 2017 (end-November 2017: US$422.1 billion)
” HONG KONG OFFICIAL RESERVE AT US$431.3 BILLION “
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of December 2017 amounted to US$422.7 billion (end-November 2017: US$413.5 billion).
The total foreign currency reserve assets of US$431.3 billion represent over seven times the currency in circulation or about 48% of Hong Kong dollar M3.
Official Press Release by Hong Hong Monetary Authority (The latest monthly figures are preliminary and subject to change)