, Hong Kong

Forex reserve assets slightly increase to US$498.1b

The total assets represent 48% of HK dollar M3.

Foreign currency reserve assets slightly increased to US$498.1b at the end of October from US$494.9b last month, the Hong Kong Monetary Authority announced. 

The authority said the total forex reserve assets for the month represent about seven times the currency in circulation or 48% of Hong Kong dollar M3.

Like last month, there were no unsettled foreign exchange contracts in October. 

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!