Forex reserves climb to US$443b

Local | 7 Mar 2018 4:57 pm

The city's foreign currency reserve assets rose to US$443.5 billion as at the end of last month from US$441.5 billion at the end of January this year, the Hong Kong Monetary Authority said today.

The total foreign currency reserve assets represent over seven times the currency in circulation or about 48 percent of Hong Kong dollar M3.

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