Hong Kong Foreign Reserves Highest Since 2023 — TradingView News

Markets in China and Hong Kong are closed today, Tuesday, October 1, 2024

Foreign exchange reserves in Hong Kong increased to $431 billion in May, marking the highest level since March 2023, from an upwardly revised $410.2 billion in the previous month.

The amount represented more than five times the currency in circulation, or about 38% of Hong Kong dollar M3.

Including unsettled foreign exchange contracts, the foreign currency reserve asserts amounted to $430.9 billion.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *