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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Hong Kong’s foreign currency reserves rise to $160.6 bln in September

Posted on 09 October 2008

From Xinhuanet: Hong Kong’s official foreign currency reserve assets rose to 160.6 billion U.S. dollars at the end of September, up 2.5 billion U.S. dollars from a month earlier, the Hong Kong Monetary Authority said Wednesday.

Hong Kong is the ninth largest holder of foreign currency reserves worldwide after economies such as the Chinese mainland, Japan, Russia, India, China’s Taiwan, South Korea, Brazil and Singapore. Including unsettled forward contracts, the foreign currency reserve assets also stood at 160.6 billion U.S. dollars….. Full Article: Source


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