|
Hong Kong's official foreign-currency reserve assets rose to US$256.3 billion in November, up US$16.2 billion on October, the Monetary Authority says.
Including unsettled forward contracts, foreign-currency reserve assets also stood at US$256.3 billion in November, up US$16.2 billion on October.
Hong Kong is the world's seventh largest holder of foreign currency reserves based on the latest published figures, after the Mainland, Japan, Russia, Taiwan, India and Korea.
The total foreign-currency reserve assets of US$256.3 billion represent about 10 times the currency in circulation, or 55% of Hong Kong dollar M3.
|
