Hong Kong's foreign currency reserves up 11 bln USD in April
Xinhua, May 7, 2015 Adjust font size:
Hong Kong's foreign currency reserve assets increased by 11 billion U.S. dollars to 343.2 billion U.S dollars in April, the Hong Kong Monetary Authority said here on Thursday.
There were no unsettled foreign exchange contracts at the end of April or the end of March.
The reserve assets represent more than seven times the currency in circulation or about 47 percent of Hong Kong dollar M3. Endi