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HK forex reserves at $273.2 bln at end-January - HKMA
February 9, 2011 / 11:01 AM / 7 years ago

HK forex reserves at $273.2 bln at end-January - HKMA

HONG KONG, Feb 9 (Reuters) - Hong Kong’s official foreign currency reserve assets stood at $273.2 billion at the end of January, the Hong Kong Monetary Authority said on Wednesday, up 1.67 percent from $268.7 billion at the end of December.

Hong Kong’s currency is pegged to the U.S. dollar and the territory ranks as the world’s ninth-largest holder of foreign currency reserves after mainland China, Japan, Russia, Saudi Arabia, Taiwan, India, Brazil and Korea. (Reporting by Raymond Leung; Editing by Susan Fenton)

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