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Traditional ChineseSimplified ChineseText onlyPDARSS
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June 8, 2009

Finance
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Foreign currency reserve assets rise to US$205b
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Hong Kong Monetary Authority

Hong Kong's official foreign-currency reserve assets rose to US$205.1 billion at the end of May, from US$193.4 billion in April.

 

The Hong Kong Monetary Authority said Hong Kong is the world's seventh largest holder of foreign currency reserves based on the latest published figures - after Mainland China, Japan, Russia, Taiwan, India and Korea.

 

The total foreign currency reserve assets of US$205.1 billion represent over eight times the currency in circulation, or about 48% of Hong Kong dollar M3.

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