International Reserves in Hong Kong

Hong Kong International Reserves | Economic News & Forecasts

Hong Kong - International Reserves

Economic momentum still appears feeble in the second quarter, after growth hit a near-decade low in Q1 on the back of stalled private spending, poor external demand dynamics and a further contraction of investment. The PMI sank to a near three-year low in May; in the same month, U.S. President Trump announced an increase in tariffs on Chinese imports, signaling a breakdown in bilateral trade talks. Meanwhile, retail sales continued to contract in April, boding poorly for consumption. On the political front, a bill opening up extradition of Hong Kong residents to mainland China sparked the largest protests since the territory’s independence, as businesses and citizens alike feared it would undermine Hong Kong’s judicial independence and hand leverage to Beijing. Protesters now continue to demand Chief Executive Carrie Lam’s resignation despite the bill having been shelved.

Hong Kong - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)-     -     -     -     -     

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Hong Kong International Reserves Chart

Hong Kong International Reserves
Note: International reserves in months of imports.
Source: Census and Statistics Department Hong Kong and FocusEconomics calculations.

Hong Kong Facts

Bond Yield1.633.38 %Jul 11
Exchange Rate7.82-0.11 %Jul 11
Stock Market28,432-1.92 %Jul 11

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