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International Reserves and Foreign Currency Liquidity
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    The Hong Kong Monetary Authority (HKMA) released today (February 28) analytical data on the Hong Kong SAR's foreign currency reserves and foreign currency liquidity at the end of January 2007 (Annex).  These data are published monthly in the Template on International Reserves and Foreign Currency Liquidity in accordance with the International Monetary Fund's Special Data Dissemination Standard.

For further enquiries, please contact:
Sara Yip, Manager (Press), at 2878 8246 or
Hing-fung Wong, Officer (Press), at 2878 1802

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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 February 2007, the scheduled dates for issuing the press releases are as follows:

February 7     SDDS International Reserves
(Issued)       (Hong Kong's Latest Foreign
                Currency Reserve Assets Figures)

February 14    SDDS Analytical Accounts of the
(Issued)       Central Bank
               (Analytical Accounts of
                the Exchange Fund)

February 28    Exchange Fund Abridged Balance Sheet
               and Currency Board Account

February 28    SDDS Template on International
               Reserves and Foreign Currency
               Liquidity

Ends/Wednesday, February 28, 2007
Issued at HKT 17:08

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