Hong Kong's official foreign-currency reserve assets fell to US$255.8 billion in December, down US$500 million on November, the Monetary Authority says.

Including unsettled forward contracts, foreign-currency reserve assets also stood at US$255.8 billion, down US$500 million on November.

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 South Korea.