Hong Kong Latest Foreign Currency Reserve Assets at $440.3 Billion
Hong Kong | 9th April 2018
The Hong Kong Monetary Authority (HKMA) announced today (Monday) that the official foreign currency reserve assets of Hong Kong amounted to $440.3 billion as at the end of March 2018 (end-February 2018: $443.4 billion)
” HONG KONG foreign currency reserve assets at $440.3 Billion in April 2018″
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of March 2018 amounted to $432.7 billion (end-February 2018: $434.8 billion).
The total foreign currency reserve assets of $440.3 billion represent about seven times the currency in circulation or 47% of Hong Kong dollar M3.
Official Press Release by Hong Hong Monetary Authority (The latest monthly figures are preliminary and subject to change)
- Visit: Hong Hong Monetary Authority
- About: Hong Kong Monetary Authority
Join the Rise of Asia. Share a Story, Article or Photo here. For Press Release, visit here.
About The Wealth Times The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people. Where should you invest your capital for the next decade? Which are the fastest growing companies in Asia? Which is the most exciting sector to be in? Which are the top cities to be in? Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?
