Hong Kong's latest foreign currency reserve assets figures released

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$453.3 billion as at the end of September 2020 (end-August 2020: US$449.9 billion) (Annex).

     Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of September 2020 amounted to US$456.2 billion (end-August 2020: US$449.8 billion).

     The total foreign currency reserve assets of US$453.3 billion represent over six times the currency in circulation or about 42 per cent of Hong Kong dollar M3.

Release calendar

     The release calendar of foreign currency reserve assets for 2021 is announced below:
Reference Month
Release Date
January 2021 February 5, 2021
February 2021 March 5, 2021
March 2021 April 9, 2021
April 2021 May 7, 2021
May 2021 June 7, 2021
June 2021 July 7, 2021
July 2021 August 6, 2021
August 2021 September 7, 2021
September 2021 October 7, 2021
October 2021 November 5, 2021
November 2021 December 7, 2021
December 2021 January 7, 2022

     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 2020, 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 30 SDDS Template on International Reserves and Foreign Currency Liquidity
October 30 Exchange Fund Abridged Balance Sheet and Currency Board Account

Ends/Thursday, October 8, 2020
Issued at HKT 16:30