HKMA: Official foreign currency reserve assets at end-October were US$440.5 billion
The Hong Kong Monetary Authority announced that Hong Kong's official foreign currency reserve assets stood at US$440.5 billion at the end of October 2026 (compared with US$432.9 billion at the end of September 2026).
On November 6, the Hong Kong Monetary Authority announced that the official foreign currency reserve assets of Hong Kong at the end of October 2026 were US$440.5 billion (US$432.9 billion at the end of September 2026). There were no unsettled foreign exchange contracts at the end of October and September 2026. The total foreign currency reserve assets of US$440.5 billion represent more than five times the currency in circulation in Hong Kong, or about 36% of the Hong Kong dollar money supply M3.
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Daly: High inflation has persisted for too long; the Fed may need to raise rates further.
France's fiscal crisis, EU political restructuring, and geopolitical conflicts are intertwined, and Europe may face a systemic test in 2027.
