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Analytical Accounts of the Exchange Fund
The Hong Kong Monetary
Authority (HKMA) released today (Wednesday) key analytical
accounts of the Exchange Fund at the end of February 2007,
reporting an increase of HK$35.9 billion in the foreign assets
of the Exchange Fund during the month.
Foreign assets, representing the external
assets of the Exchange Fund, amounted to HK$1,008.4 billion.
The Monetary Base,
comprising Certificates of Indebtedness, Government‑issued
currency notes and coins in circulation, the Aggregate Balance
of the banking system and Exchange Fund Bills and Notes issued,
amounted to HK$308.9 billion.
Claims on the private sector in Hong Kong
amounted to HK$85.5 billion.
Foreign liabilities, representing mainly
obligations under repurchase agreements, amounted to
HK$1.6 billion.
The analytical accounts of the Exchange
Fund are released in accordance with the International Monetary
Fund’s Special Data Dissemination Standard (SDDS) and are
referred to as the Analytical Accounts of the Central Bank under
SDDS (Annex).
Annex
For further enquiries, please contact:
Sara Yip, Manager (Press), at 2878 8246 or
Hing-fung Wong, Officer (Press), at 2878 1802
Hong Kong Monetary Authority
14 March 2007
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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 March 2007, the scheduled dates for issuing the
press releases are as follows:
|
7 March
(Issued) |
SDDS International Reserves (Hong
Kong's Latest Foreign Currency Reserve Assets Figures) |
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14 March |
SDDS
Analytical Accounts of the Central Bank (Analytical
Accounts of the Exchange Fund) |
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30 March |
Exchange Fund
Abridged Balance Sheet and Currency Board Account |
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30 March |
SDDS Template
on International Reserves and Foreign Currency Liquidity |
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