The Hong Kong Monetary Authority (HKMA) announced today (Thursday) that the official foreign currency reserve assets of Hong Kong amounted to US$453.3 billion as at the end of September 2020 (end-August 2020: US$449.9 billion) (Annex).
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of September 2020 amounted to US$456.2 billion (end-August 2020: US$449.8 billion).
The total foreign currency reserve assets of US$453.3 billion represent over six times the currency in circulation or about 42% of Hong Kong dollar M3.
Release calendar
The release calendar of foreign currency reserve assets for 2021 is announced below:
|
Reference Month |
Release Date |
|---|---|
|
January 2021 |
5 February 2021 |
|
February 2021 |
5 March 2021 |
|
March 2021 |
9 April 2021 |
|
April 2021 |
7 May 2021 |
|
May 2021 |
7 June 2021 |
|
June 2021 |
7 July 2021 |
|
July 2021 |
6 August 2021 |
|
August 2021 |
7 September 2021 |
|
September 2021 |
7 October 2021 |
|
October 2021 |
5 November 2021 |
|
November 2021 |
7 December 2021 |
|
December 2021 |
7 January 2022 |
Hong Kong Monetary Authority
8 October 2020
****************************************************************
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 2020, 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 |
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