Press Releases
Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released
The Hong Kong Monetary Authority (HKMA) announced today (Monday) that the official foreign currency reserve assets of Hong Kong amounted to US$281.7 billion as at the end of October 2011 (end‑September 2011: US$277.6 billion) (Annex).
Including unsettled forward contracts, the foreign currency reserve assets of Hong Kong at the end of October 2011 stood at US$281.7 billion (end- September 2011: US$277.6 billion).
The total foreign currency reserve assets of US$281.7 billion represent about nine times the currency in circulation or 56% of Hong Kong dollar M3.
Hong Kong Monetary Authority
7 November 2011
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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 November 2011, the scheduled dates for issuing the press releases are as follows:
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7 November |
SDDS International Reserves (Hong Kong’s Latest Foreign Currency Reserve Assets Figures) |
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14 November |
SDDS Analytical Accounts of the Central Bank (Analytical Accounts of the Exchange Fund) |
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30 November |
Exchange Fund Abridged Balance Sheet and Currency Board Account |
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30 November |
SDDS Template on International Reserves and Foreign Currency Liquidity |