The Hong Kong Monetary Authority (HKMA) announced today (Tuesday) that the official foreign currency reserve assets of Hong Kong amounted to US$438.7 billion as at the end of September 2019 (end-August 2019: US$432.8 billion) (Annex).
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of September 2019 amounted to US$431.5 billion (end-August 2019: US$425.6 billion).
The total foreign currency reserve assets of US$438.7 billion represent about seven times the currency in circulation or 46% of Hong Kong dollar M3.
Release calendar
The release calendar of foreign currency reserve assets for 2020 is announced below:
Reference Month |
Release Date |
---|---|
January 2020 |
7 February 2020 |
February 2020 |
6 March 2020 |
March 2020 |
7 April 2020 |
April 2020 |
7 May 2020 |
May 2020 |
5 June 2020 |
June 2020 |
7 July 2020 |
July 2020 |
7 August 2020 |
August 2020 |
7 September 2020 |
September 2020 |
8 October 2020 |
October 2020 |
6 November 2020 |
November 2020 |
7 December 2020 |
December 2020 |
7 January 2021 |
Hong Kong Monetary Authority
8 October 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 October 2019, the scheduled dates for issuing the press releases are as follows:
8 October |
SDDS International Reserves |
14 October |
SDDS Analytical Accounts of the Central Bank |
31 October |
SDDS Template on International Reserves and Foreign Currency Liquidity |
31 October |
Exchange Fund Abridged Balance Sheet and Currency Board Account |