Photo by Andres Garcia on Unsplash

Foreign currency reserves hit US$436.9b in January

It expanded from the US$436.9b record in December.

Hong Kong's foreign currency reserve assets rose to US$436.9b in January from US$424 billion in December 2022.

According to the Monetary Authority, the reserve assets represent over five times the currency in circulation or about 42% of Hong Kong dollar M3.

“There were no unsettled foreign exchange contracts at the end of January,” added the Monetary Authority.

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 design 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!

Top News

King Virtue Limited wins New Kowloon property bid
The New Kowloon Inland Lot No. 6674 includes a 50-year lease for the purchaser.
HA to assess 2026/27 budget plan as constructions cost rise
HA to cut annual operational costs by 2% for two yearsThe Hong Kong Housing Authority (HA) has endorsed its revised budget for 2025/26 and proposed budget for 2026/27, with plans to maintain financial stability despite rising construction costs.