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

 

Annex

 

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

14 October

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

31 October

SDDS Template on International Reserves and Foreign Currency Liquidity

31 October

Exchange Fund Abridged Balance Sheet and Currency Board Account

 



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. Contact Digitpol’s hotlines or respond to us online.

Digitpol is available 24/7.

Email: info@digitpol.com
ASIA +85239733884
Europe +31558448040
UK +44 20 8089 9944

Write a comment:
*

Your email address will not be published.