Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

Press Releases

05 Jan 2018

Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

The Hong Kong Monetary Authority (HKMA) announced today (Friday) that the official foreign currency reserve assets of Hong Kong amounted to US$431.3 billion as at the end of December 2017 (end-November 2017: US$422.1 billion) (Annex).

Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of December 2017 amounted to US$422.7 billion (end-November 2017: US$413.5 billion).

The total foreign currency reserve assets of US$431.3 billion represent over seven times the currency in circulation or about 48% of Hong Kong dollar M3.

 

Annex

 

Hong Kong Monetary Authority
5 January 2018

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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 January 2018, the scheduled dates for issuing the press releases are as follows:

5 January

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

12 January

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

31 January

SDDS Template on International Reserves and Foreign Currency Liquidity

31 January

Exchange Fund Abridged Balance Sheet and Currency Board Account

 

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Last revision date : 05 January 2018