Hong Kong's foreign currency reserve assets unchanged at end-June

HONG KONG, July 7 (Xinhua) -- The Hong Kong Monetary Authority (HKMA) announced on Tuesday that the city's official foreign currency reserve assets amounted to 445.9 billion U.S. dollars at the end of June, unchanged from the end of May.

The total foreign currency reserve assets represent over five times the currency in circulation or about 38 percent of Hong Kong dollar M3, HKMA said.