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Foreign currency reserves rise to US$431b in May

Including unsettled FX contracts, reserves were US$430.9b in May.

Hong Kong’s official foreign currency reserves rose to US$431b at the end of May 2025, up from US$410.2b in April, the Hong Kong Monetary Authority (HKMA) said.

Including unsettled foreign exchange contracts, Hong Kong’s foreign currency reserves stood at US$430.9b in May, compared with US$409.4b in April.

The total reserves represent more than five times the currency in circulation and account for approximately 38% of the Hong Kong dollar M3 money supply.

 

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