Hong Kong Foreign Currency Reserve Assets at $434.4 Billion April 2018
Hong Kong | 7th May 2018
The Hong Kong Monetary Authority (HKMA) announced today (Monday) that the official foreign currency reserve assets of Hong Kong amounted to US$434.4 billion as at the end of April 2018 (end-March 2018: US$440.3 billion).
” HONG KONG foreign currency reserve assets at $434.4 Billion in April”
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of April 2018 amounted to US$426.8 billion (end-March 2018: US$432.7 billion).
The total foreign currency reserve assets of US$434.4 billion represent about seven times the currency in circulation or 47% of Hong Kong dollar M3.
Official Press Release by Hong Hong Monetary Authority