HK's foreign currency reserve assets dip in June

HONG KONG, July 5 (Xinhua) -- Hong Kong's official foreign currency reserve assets amounted to 303.5 billion U.S. dollars at the end of June, compared to 305.7 billion U.S. dollars at the end of May, the city's Monetary Authority announced Friday.

The total foreign currency reserve assets of 303.5 billion U.S. dollars represent more than seven times the currency in circulation or about 51 percent of Hong Kong dollar M3.

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