Xinhuanet Hong Kong, August 8th The Hong Kong Monetary Authority announced on the 8th that Hong Kong's official foreign exchange reserve assets (including unsettled forward contracts) at the end of July 2005 were US$ 65,438+0,265,438+0.9 billion.

It is reported that the total assets of this foreign exchange reserve are equivalent to more than six times of the currency in circulation in Hong Kong, accounting for about 43% of the Hong Kong dollar M3.

At the end of June this year, the total foreign exchange reserve assets of Hong Kong were US$ 654.38+0.22 billion.

At present, Hong Kong's foreign exchange reserves are lower than those of Japan, Chinese mainland, China, Taiwan Province Province, South Korea, Russia and India, ranking seventh in the world. (End)

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