Hong Kong's foreign currency reserves up in July

0 Comment(s)Print E-mail Xinhua, August 8, 2023
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Hong Kong's foreign currency reserve assets rose to 421.6 billion U.S. dollars in July from 417.3 billion dollars in June, the Hong Kong Monetary Authority (HKMA) announced on Monday.

According to the HKMA, there were no unsettled foreign exchange contracts at the end of July. The reserve assets represent over five times the currency in circulation.

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