Hong Kong's forex reserves reach $282.5b in Nov
Updated: 2011-12-08 09:08
(Xinhua)
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HONG KONG - Hong Kong's foreign currency reserves reached $282.5 billion by the end of November, 2011, up $0.8 billion compared with the end of October, the Hong Kong Monetary Authority said on Wednesday.
The $282.5 billion foreign currency reserve assets represent about nine times the currency in circulation or 55 percent of Hong Kong dollars M3.
