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The Hong Kong Monetary Authority (HKMA) released today (July 31) analytical data on the Hong Kong SAR's foreign currency reserves and foreign currency liquidity at the end of June 2003 (Annex which is on the HKMA website http://www.hkma.gov.hk). 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.

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At present, four press releases relating to the Exchange Fund's data are issued 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 July, the scheduled dates for issuing the press releases are as follows:

     July 7      SDDS International Reserves (Hong Kong's 


     (Issued)    Latest Foreign Currency Reserve Assets


                   Figures)




     July 14     SDDS Analytical Accounts of the Central Bank 


   (Issued)     (Exchange Fund Balance Sheet Data)




     July 31     Exchange Fund Abridged Balance Sheet and 


                  Currency Board Account




     July 31     SDDS Template on International Reserves


                  and Foreign Currency Liquidity

For further enquiries, please contact:

Jasmin Fung, Manager (Press), at 2878 8246 or

Thomas Chan, Senior Manager (Press), at 2878 1480

End/Thursday, July 31, 2003

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