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Hong Kong's foreign currency reserve assets slid US$0.8 billion to US$123.9 billion at the end of February, the Hong Kong Monetary Authority says.
Including unsettled forward contracts, the foreign currency reserve assets at the end of February dropped US$0.3 billion to US$123.9 billion.
Hong Kong is the world's seventh largest holder of foreign currency reserves, after Japan, Mainland China, Taiwan, Korea, India and Russia.
The total foreign currency reserve assets of US$123.9 billion represent about six times the currency in circulation, or 44% of Hong Kong dollar M3.
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