Hong Kong's official foreign exchange (forex) reserve hit US$182.5 billion at the end of December last year, US$16.6 billion more than that of a month earlier, according to statistics released by the Hong Kong Monetary Authority (HKMA) on Wednesday.
At the end of 2008, the total assets of foreign currency reserve, including the unsettled forward contracts, amounted to US$184.8 billion.
Hong Kong ranks the eighth in terms of foreign exchange reserve after the Chinese mainland, Japan, Russia, China's Taiwan, India, Brazil and South Korea.
The current forex reserve is nearly eight times the currency in circulation.
In addition, the HKMA will issue forex funds worth HK$18 billion in January this year.
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