The Hong Kong Monetary Authority (HKMA) announced today (7 October) that the official foreign currency reserve assets of Hong Kong amounted to US$495.0 billion as at the end of September 2021 (end-August 2021: US$497.1 billion) (Annex).
There were no unsettled foreign exchange contracts at end-September 2021 and end-August 2021.
The total foreign currency reserve assets of US$495.0 billion represent about seven times the currency in circulation or 48% of Hong Kong dollar M3.
Release calendar
The release calendar of foreign currency reserve assets for 2022 is announced below:
|
Reference Month |
Release Date |
|---|---|
|
January 2022 |
9 February 2022 |
|
February 2022 |
7 March 2022 |
|
March 2022 |
7 April 2022 |
|
April 2022 |
6 May 2022 |
|
May 2022 |
7 June 2022 |
|
June 2022 |
7 July 2022 |
|
July 2022 |
5 August 2022 |
|
August 2022 |
7 September 2022 |
|
September 2022 |
7 October 2022 |
|
October 2022 |
7 November 2022 |
|
November 2022 |
7 December 2022 |
|
December 2022 |
6 January 2023 |
Hong Kong Monetary Authority
7 October 2021
****************************************************************
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 2021, the scheduled dates for issuing the press releases are as follows:
|
7 October |
SDDS International Reserves |
|
13 October |
SDDS Analytical Accounts of the Central Bank |
|
29 October |
SDDS Template on International Reserves and Foreign Currency Liquidity |
|
29 October |
Exchange Fund Abridged Balance Sheet and Currency Board Account |
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