Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

The Hong Kong Monetary Authority (HKMA) announced today (6 October) that the official foreign currency reserve assets of Hong Kong amounted to US$415.7 billion as at the end of September 2023 (end-August 2023: US$418.4 billion) (Annex).

There were no unsettled foreign exchange contracts at end-September 2023 (end-August 2023: US$0.4 billion).

The total foreign currency reserve assets of US$415.7 billion represent over five times the currency in circulation or about 40% of Hong Kong dollar M3.

Release calendar

The release calendar of foreign currency reserve assets for 2024 is announced below:

Annex

Hong Kong Monetary Authority
6 October 2023

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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 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 2023, the scheduled dates for issuing the press releases are as follows: