
Hong Kong's Foreign Exchange Reserves Now Larger Than Those Of US, Data Suggests
REGULATORS
Hong Kong's US$82 billion foreign exchange reserves are now bigger than those of the United States, and are currently rated as the fifth largest FX reserves in the world, according to the Hong Kong Monetary Authority (HKMA).
The HKMA claims in a statement released at the end of July, that Hong Kong's forex reserves were boosted because, for the first time, the Exchange Fund has been calculated by adding to it Hong Kong's $15.4 billion Land Fund.
Previously, the Land Fund was handled separately in
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com