Category Fraud Alerts HK

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

 

Annex

 

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

13 October

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

29 October

SDDS Template on International Reserves and Foreign Currency Liquidity

29 October

Exchange Fund Abridged Balance Sheet and Currency Board Account

 

[ad_2]

Source link

Is your business effected by Cyber Crime?

If a cyber crime or cyber attack happens to you, you need to respond quickly. Cyber crime in its several formats such as online identity theft, financial fraud, stalking, bullying, hacking, e-mail fraud, email spoofing, invoice fraud, email scams, banking scam, CEO fraud. Cyber fraud can lead to major disruption and financial disasters.
Digitpol can assist with all stages of cyber related incidents.

Contact Digitpol’s hotlines or respond to us online.

ASIA +85239733884
Europe +31558448040
UK +44 20 8089 9944