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HK's foreign currency reserve assets dip in June

Xinhua, July 6, 2013

• Hong Kong's official foreign currency reserve assets amounted to US$303.5 billion at the end of June, compared to US$305.7 billion at the end of May, the city's Monetary Authority announced Friday.

  The total foreign currency reserve assets of US$303.5 billion represent more than seven times the currency in circulation or about 51 percent of Hong Kong dollar M3.

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