Please use a Javascript-enabled browser.
news.gov.hk
*
SitemapHome
*
*
*
Weather
*
*
*
Traffic Conditions
*
*
*
Categories:
*
**
Business & Finance
*
*
**
At School, At Work
*
*
**
Health & Community
*
*
**
Environment
*
*
**
Law & Order
*
*
**
Infrastructure & Logistics
*
*
**
Admin & Civic Affairs
*
*
*
*
On the Record
*
*
*
News in Focus
*
*
*
City Life
*
*
*
HK for Kids
*
*
*
Photo Gallery
*
*
*
Reel HK
*
*
*
Speaking Out
*
*
*
Policy Address
*
*
*
Budget
*
*
*
About Us
*
*
*
*
*Judiciary
*Legco
*District Councils
*Message Videos
*GovHK


*
Traditional ChineseSimplified ChineseText onlyPDARSS
*
December 8, 2008

Economy

*
Foreign currency reserves hit US$166b
*
Monetary Authority

Hong Kong's foreign currency reserve assets reached US$165.9 billion at the end of November, up US$11.1 billion on October, the Monetary Authority says.

 

Including unsettled forward contracts, the foreign currency reserves stood at US$166 billion.

 

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

 

The assets represent over seven times the currency in circulation or about 40% of Hong Kong dollar M3.

Go To Top
* Learn Before You Invest *
*
*
Print This Print This Page
Email This E-mail This
*
*
*
Related Links
*
*
*
Other News
More..
*
*
* Brand Hong Kong
*
*