Hong Kong's Latest Foreign Currency Reserve Assets Figures Released
The Hong Kong Monetary Authority (HKMA) announced today (7 June) that the official foreign currency reserve assets of Hong Kong amounted to US$421.0 billion as at the end of May 2023 (end-April 2023: US$427.4 billion) (Annex).
There were no unsettled foreign exchange contracts at end-May 2023 (end-April 2023: US$0.8 billion).
The total foreign currency reserve assets of US$421.0 billion represent over five times the currency in circulation or about 40% of Hong Kong dollar M3.
* The latest monthly figures are preliminary and subject to change.
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