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	news.gov.hk
	From Hong Kong's Information Services Department

February 7, 2007

Monetary Authority

Foreign currency reserve assets hit US$133.7b

Hong Kong's foreign currency reserve assets rose to US$133.7 billion in January, up US$500 million on December last year, the Monetary Authority says. This represented over six times the currency in circulation, or about 37% of Hong Kong dollar M3.

Including unsettled forward contracts, the foreign currency reserve assets also stood at US$133.7 billion.

Hong Kong is the world's eighth largest holder of foreign currency reserves, after the Mainland, Japan, Russia, Taiwan, South Korea, India and Singapore.