Foreign currency reserves up by US$5.3b
This includes unsettled foreign exchange contracts.
Hong Kong’s foreign currency reserve assets increased by US$5.3 billion to US$391.5 billion in January, the Monetary Authority said.
Including unsettled foreign exchange contracts, foreign currency reserve assets at the end of January stood at US$383.4 billion.
The reserve assets represent about seven times the currency in circulation or 48% of Hong Kong dollar M3.