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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 8) that the official foreign currency reserve assets of Hong Kong amounted to US$325.8 billion as at the end of September 2014 (end August 2014: US$331.3 billion) (Annex).
There were no unsettled foreign exchange contracts at end-September and end-August 2014.
The total foreign currency reserve assets of US$325.8 billion represent over seven times the currency in circulation or about 48% of Hong Kong dollar M3.
Release calendar
The release calendar of foreign currency reserve assets for 2015 is announced below:
Reference month Release date
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January 2015 February 6, 2015
February 2015 March 6, 2015
March 2015 April 9, 2015
April 2015 May 7, 2015
May 2015 June 5, 2015
June 2015 July 7, 2015
July 2015 August 7, 2015
August 2015 September 7, 2015
September 2015 October 7, 2015
October 2015 November 6, 2015
November 2015 December 7, 2015
December 2015 January 7, 2016
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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 2014, the scheduled dates for issuing the press releases are as follows:
October 8
SDDS International Reserves
(Hong Kong's Latest Foreign Currency Reserve Assets Figures)
October 14
SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)
October 31
Exchange Fund Abridged Balance Sheet and Currency Board Account
October 31
SDDS Template on International Reserves and Foreign Currency Liquidity
Ends/Wednesday, October 8, 2014
Issued at HKT 17:57
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