Published:
Hong Kong's foreign currency reserve assets fell to US$303.8b
It represents 51% of HK dollar M3.
In a report, the Monetary Authority announced that Hong Kong’s foreign currency reserve assets amounted to US$303.8 billion at the end of March, compared to US$304.8 billion at the end of February.
Including unsettled forward contracts, the figures were the same, with the new amount representing over seven times the currency in circulation, or 51% of Hong Kong dollar M3.
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