The Hong Kong Monetary Authority released the Exchange Fund’s abridged balance sheet and Currency Board Account for 31 May 2025, reporting total assets of HKD 4,159.5 billion, up HKD 186.2 billion from end-April. Foreign currency assets rose by HKD 208.1 billion, mainly reflecting purchases of USD under the Currency Board arrangements and mark-to-market revaluation of investments, while Hong Kong dollar assets fell by HKD 21.9 billion, mainly due to lower placements with banks partly offset by mark-to-market gains on Hong Kong equities. The Currency Board Account showed the Monetary Base at HKD 2,124.9 billion at end-May, up HKD 142.2 billion (7.2%), mainly due to the sale of Hong Kong dollars under the Currency Board arrangements; Backing Assets increased by HKD 162.8 billion (7.4%) to HKD 2,356.2 billion, and the Backing Ratio edged up to 110.88% from 110.62%. The HKMA also reiterated that it issues four Exchange Fund data press releases each month, including three releases under the International Monetary Fund’s Special Data Dissemination Standard and a fourth on the Exchange Fund’s abridged balance sheet and Currency Board Account.
Hong Kong Monetary Authority 2025-06-30
Hong Kong Monetary Authority publishes May 2025 Exchange Fund balance sheet with assets up HKD 186.2 billion and Monetary Base up 7.2%
The Hong Kong Monetary Authority reported the Exchange Fund's total assets at HKD 4,159.5 billion as of 31 May 2025, an increase of HKD 186.2 billion from April. Foreign currency assets rose by HKD 208.1 billion, while Hong Kong dollar assets decreased by HKD 21.9 billion. The Monetary Base increased to HKD 2,124.9 billion, with Backing Assets rising to HKD 2,356.2 billion, and the Backing Ratio slightly improved to 110.88%.