The following is issued on behalf of the Hong Kong Monetary Authority:
Hong Kong’s foreign currency reserves at US$446.1 billion
For more information, please contact
Melissa Ng in New York City: (212) 752 3320
Wing Yan Tong in San Francisco: (415) 835 9315
Daniel McAtee in Washington, D.C.: (202) 238 6360
March 6, 2020 - The Hong Kong Monetary Authority announced today that the official foreign currency reserve assets of Hong Kong amounted to US$446.1 billion as at the end of February 2020, compared with US$445.7 billion at end-January 2020.
There were no unsettled foreign exchange contracts at end-February 2020 and end-January 2020.
The total foreign currency reserve assets of US$446.1 billion represent over six times the currency in circulation or about 46 per cent of Hong Kong dollar M3.