Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

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The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) announced today (October 5) that the official foreign currency reserve assets of Hong Kong amounted to US$426.4 billion as at the end of September 2018 (end-August 2018: US$424.8 billion) (Annex).
 
     Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of September 2018 amounted to US$418.8 billion (end-August 2018: US$417.2 billion).
 
     The total foreign currency reserve assets of US$426.4 billion represent about seven times the currency in circulation or 46 per cent of Hong Kong dollar M3.
 
Release calendar
 
     The release calendar of foreign currency reserve assets for 2019 is announced below:
 

Reference Month
 
Release Date
January 2019 February 11, 2019
February 2019 March 7, 2019
March 2019 April 8, 2019
April 2019 May 7, 2019
May 2019 June 6, 2019
June 2019 July 5, 2019
July 2019 August 7, 2019
August 2019 September 6, 2019
September 2019 October 8, 2019
October 2019 November 7, 2019
November 2019 December 6, 2019
December 2019 January 7, 2020

 
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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 October 2018, the scheduled dates for issuing the press releases are as follows:
 

October 5 SDDS International Reserves (Hong Kong's Latest Foreign Currency Reserve Assets Figures)
 
October 12 SDDS Analytical Accounts of the Central Bank (Analytical Accounts of the Exchange Fund)
 
October 31 SDDS Template on International Reserves and Foreign Currency Liquidity
 
October 31 Exchange Fund Abridged Balance Sheet and Currency Board Account
 

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