Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

Press Releases

07 Aug 2019

Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

The Hong Kong Monetary Authority (HKMA) announced today (Wednesday) that the official foreign currency reserve assets of Hong Kong amounted to US$448.5 billion as at the end of July 2019 (end-June 2019: US$445.7 billion) (Annex).

Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of July 2019 amounted to US$441.3 billion (end-June 2019: US$438.5 billion).

The total foreign currency reserve assets of US$448.5 billion represent about seven times the currency in circulation or 47% of Hong Kong dollar M3.

 

Annex

 

Hong Kong Monetary Authority
7 August 2019

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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 August 2019, the scheduled dates for issuing the press releases are as follows:

7 August

SDDS International Reserves
(Hong Kong’s Latest Foreign Currency Reserve Assets Figures)

14 August

SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)

30 August

SDDS Template on International Reserves and Foreign Currency Liquidity

30 August

Exchange Fund Abridged Balance Sheet and Currency Board Account

 

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Last revision date : 07 August 2019