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Hong Kong's official foreign currency reserve assets stood at US$159 billion in May, down US$900 million on April, the Monetary Authority says.
Hong Kong is the world's ninth largest holder of foreign currency reserves based on the latest published figures, after the Mainland, Japan, Russia, India, Taiwan, South Korea, Brazil and Singapore.
The total foreign currency reserve assets of US$159 billion represent over seven times the currency in circulation, or 39% of Hong Kong dollar M3.
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