Hong Kong's foreign currency reserves up in February
Xinhua |
Updated: 2018-03-07 21:41
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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.
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