Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

The Hong Kong Monetary Authority (HKMA) announced today (9 April) that the official foreign currency reserve assets of Hong Kong amounted to US$423.6 billion as at the end of March 2024 (end-February 2024: US$425.2 billion) (Annex). Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of March 2024 amounted to US$423.1 billion (end-February 2024: US$425.2 billion). The total foreign currency reserve assets of US$423.6 billion represent over five times the currency in circulation or about 40% of Hong Kong dollar M3. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/04/20240409-5/