The Hong Kong Monetary Authority (HKMA) announced today (Friday) that the official foreign currency reserve assets of Hong Kong amounted to US$495.9 billion as at the end of February 2021 (end-January 2021: US$493.2 billion) (Annex).

Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of February 2021 amounted to US$495.7 billion (end-January 2021: US$493.2 billion).

The total foreign currency reserve assets of US$495.9 billion represent about seven times the currency in circulation or 41% of Hong Kong dollar M3.

 

Annex

 

Hong Kong Monetary Authority
5 March 2021

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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 March 2021, the scheduled dates for issuing the press releases are as follows:

5 March

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

12 March

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

31 March

SDDS Template on International Reserves and Foreign Currency Liquidity

31 March

Exchange Fund Abridged Balance Sheet and Currency Board Account

 



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