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Hong Kong's foreign currency reserve assets fell US$900 million over September to US$121.9 billion at the end of October, the Monetary Authority says.
Including unsettled forward contracts, foreign currency reserve assets also stood at US$121.9 billion, up US$900 million from September.
The total foreign currency reserve assets of US$121.9 billion represent over six times the currency in circulation or about 41% of Hong Kong dollar M3.
In terms of foreign currency reserves ranking, Hong Kong is the world's seventh largest holder of foreign currency reserves after Japan, the Mainland, Taiwan, South Korea, Russia and India.
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