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HK's foreign currency reserve hits US$136b

(Xinhua)
Updated: 2007-03-08 10:08

Hong Kong's foreign-currency reserve assets amounted to 136.3 billion U.S. dollars at the end of February, 2.6 billion U.S. dollars higher than in January, Hong Kong's Monetary Authority said Wednesday.

Including unsettled forward contracts, Hong Kong's foreign-currency reserve assets at the end of February stood at 136.3 billion U.S. dollars, representing over six times of Hong Kong currency in circulation.

Hong Kong now is the world's eighth-largest holder of foreign-currency reserves, after Chinese Mainland, Japan, Russia, China'sTaiwan, South Korea, India and Singapore.