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Hong Kong's official foreign currency reserve assets stood at US$122 billion at the end of June, down US$400 million on May, the Hong Kong Monetary Authority says.
Including unsettled forward contracts, the foreign currency reserve assets of Hong Kong at the end of June also stood at US$122 billion, compared with US$122.4 billion in end-May.
In terms of foreign currency reserves ranking, Hong Kong is the world's seventh largest holder of foreign currency reserves, after Japan, Mainland China, Taiwan, Korea, Russia and India.
The total foreign currency reserve assets of US$122 billion represent more than six times the currency in circulation or about 43% of Hong Kong dollar M3.
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