It increased from the US$415.7b record in September.
Hong Kong's foreign currency reserve assets increased to US$416b in August from US$415.7b in September.
According to the Monetary Authority, the reserve assets represent over five times the currency in circulation or about 40% of Hong Kong dollar M3.
“There were no unsettled foreign exchange contracts at end-October and end-September,” added the Monetary Authority.
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