FX.co ★ Hong Kong's Foreign Reserves Decline to $416.40B in April 2024

Hong Kong's foreign reserves have decreased to $416.40 billion in April 2024, down from $423.50 billion in the previous period. The latest data, updated on May 7, 2024, reflects a notable decline in the country's foreign reserves. The decrease may raise concerns about Hong Kong's economic stability and its ability to weather potential financial challenges. Analysts will be closely monitoring how this drop in foreign reserves may impact Hong Kong's economy and what steps the country's policymakers may take to address this development.