The HKMA

The Hong Kong Monetary Authority (HKMA) is Hong Kong’s central banking institution. It was established on 1 April 1993 by merging the Office of the Exchange Fund and the Office of the Commissioner of Banking. The HKMA's four main functions are:

  • maintaining currency stability within the framework of the Linked Exchange Rate System;
  • promoting the stability and integrity of the financial system, including the banking system;
  • helping to maintain Hong Kong's status as an international financial centre, including the maintenance and development of Hong Kong's financial infrastructure; and
  • managing the Exchange Fund.

More information of the work of the HKMA can be found in the HKMA Annual Report.

Last revision date : 26 August 2019