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Hong Kong's foreign currency reserve assets amounted to US$119.5 billion at the end of October, up US$1.1 billion on the previous month, the Monetary Authority says.
Including unsettled forward contracts, foreign currency reserve assets rose US$1.6 billion from September to $120 billion.
The amount represents more than six times the currency in circulation, or 45% of Hong Kong dollar M3.
Hong Kong ranks as the world's sixth largest holder of foreign currency reserves, after Japan, the Mainland, Taiwan, South Korea and India.
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