Hong Kong's official foreign currency reserve assets decreased to US$159.0 billion at the end of May from US$159.9 billion recorded at the end of April, the Hong Kong Monetary Authority reported Tuesday. The foreign currency reserve assets including unsettled forward contracts also stood at US$159.0 billion at the end of May.
Further, the central bank said the total foreign currency reserve assets of US$159.0 billion represent over seven times the currency in circulation or about 39% of Hong Kong dollar M3.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.