Hong Kong’s foreign currency reserve assets rose to US$437.9 billion in March from US$434.4 billion in February, the Monetary Authority announced today.
Including unsettled foreign exchange contracts, foreign currency reserve assets at the end of March increased to US$429.4 billion from February’s US$427.2 billion.
The reserve assets represent about seven times the currency in circulation or 47% of Hong Kong dollar M3.
from news.gov.hk - Business & Finance http://www.news.gov.hk/eng/2019/04/20190408/20190408_163535_881.html
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