Hong Kong's foreign currency reserve assets slid US$1.4 billion to US$157.6 billion at the end of June, the Monetary Authority says.

Including unsettled forward contracts, the city's foreign currency reserves at the end of June also stood at US$157.6 billion.

Hong Kong is the world's ninth largest holder of foreign currency reserves after the Mainland, Japan, Russia, India, Taiwan, South Korea, Brazil and Singapore.