Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

Press Releases

08 Apr 2013

Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

The Hong Kong Monetary Authority (HKMA) announced today  (Monday) that the official foreign currency reserve assets of Hong Kong amounted to US$303.8 billion as at the end of March 2013 (end-February 2013: US$304.8 billion) (Annex).

Including unsettled forward contracts, the foreign currency reserve assets of Hong Kong at the end of March 2013 stood at US$303.8 billion (end-February 2013: US$304.8 billion).

The total foreign currency reserve assets of US$303.8 billion represent over seven times the currency in circulation or about 51% of Hong Kong dollar M3.

Annex

Hong Kong Monetary Authority
8 April 2013

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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 April 2013, the scheduled dates for issuing the press releases are as follows:

8 April

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

12 April

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

30 April

Exchange Fund Abridged Balance Sheet and Currency Board Account

30 April

SDDS Template on International Reserves and Foreign Currency Liquidity

 

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Last revision date : 08 April 2013