Hong Kong's foreign currency reserves up in February
Share - WeChat
HONG KONG - Hong Kong's foreign currency reserve assets rose to $443.5 billion in February from $441.5 billion in January, the Hong Kong Monetary Authority said on Wednesday.
Including unsettled foreign exchange contracts, foreign currency reserve at the end of February increased to $434.9 billion from $433 billion in January.
The total foreign currency reserve assets of $443.5 billion represent over seven times the currency in circulation or about 48 percent of Hong Kong dollar M3.
Related Stories
- China remains top source of scientific 'hot papers': report
- Hainan to fully restore tourism in time for National Day holiday
- Chinese, foreign experts discuss development of national cultural parks
- China's scientific research papers surpass global average in citations
- China bolsters flood control amid triple typhoon impact
- Beijing's top prosecuting body successful in resolving livelihood cases