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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
Hong KongForeign Exchange Reserves climbed to 423.4 in August 2024
Financial Modeling PrepMonthlyReleased September 2024
Foreign Exchange Reserves climbed to 423.4 in August 2024, up 4.1 from July's 419.3 reading. The reading matched the 420.0 consensus. Foreign Exchange Reserves has now risen for 3 consecutive months. Over the past 3 months, Foreign Exchange Reserves averaged 417.8, vs 419.07 in the prior 3-month window. The reading is in the 60th percentile of the trailing 24-month range.
Latest Release
423.4
Actual
420
Consensus
419.3
Previous
The September 2024 reading rose from the previous value of 419.3. Historically, this indicator is positively correlated with USD/HKD (Bullish USD) and negatively correlated with XAU/USD (Bearish XAU).
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Foreign Exchange Reserves - HK
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