Foreign currency reserves reached US$301.2b in September

That is a US$3b increase from August, says the Monetary Authority.

According to a release, Hong Kong's official foreign currency reserve assets amounted to US$301.2 billion at the end of September, up by US$3 billion on August's figure.

Hong Kong’s foreign currency reserve assets, including unsettled forward contracts, stood at US$301.2 billion.

The total foreign currency reserve assets represent more than eight times the currency in circulation or 55% of Hong Kong dollar M3.