HK's June forex assets drop to US$491.6b

Finance | 7 Jul 2021 4:38 pm

Hong Kong's foreign currency reserve assets dropped to US$491.6 billion as at end June 2021, from US$494.5 billion, from end May, the Hong Kong Monetary Authority, announced
There were no unsettled foreign exchange contracts at end-June 2021 and end-May 2021.
The total foreign currency reserve assets represent over six times the currency in circulation or about 47 per cent of Hong Kong dollar M3.



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