Hong Kong's Latest Foreign Currency Reserve Assets Figures Released

Press Releases

07 Jul 2011

Hong Kong's Latest Foreign Currency Reserve Assets Figures Released

The Hong Kong Monetary Authority (HKMA) announced today (Thursday) that the official foreign currency reserve assets of Hong Kong amounted to US$277.2 billion as at the end of June 2011 (end‑May 2011: US$275.9 billion) (Annex). There were no unsettled forward contracts as at end of June and end of May.

The total foreign currency reserve assets of US$277.2 billion represent about nine times the currency in circulation or 54% of Hong Kong dollar M3.

Annex

Hong Kong Monetary Authority
7 July 2011

 

At present, four press releases relating to the Exchange Fund's data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA's policy of maintaining a high level of transparency. For the month of July 2011, the scheduled dates for issuing the press releases are as follows:

7 July SDDS International Reserves (Hong Kong’s Latest
Foreign Currency Reserve Assets Figures)
14 July SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)
29 July Exchange Fund Abridged Balance Sheet and Currency
Board Account
29 July SDDS Template on International Reserves and Foreign
Currency Liquidity
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Last revision date : 07 July 2011