The Hong Kong Monetary Authority published updated figures showing Hong Kong’s official foreign currency reserve assets stood at USD 421.4 billion at end-December 2024, down from USD 425.1 billion at end-November 2024. The release also noted there were no unsettled foreign exchange contracts at end-December and end-November 2024. The reserves were reported as representing over five times the currency in circulation and about 39% of HKD M3. The HKMA also set out its January 2025 schedule for Exchange Fund data releases, including the Analytical Accounts of the Exchange Fund on 14 January and both the SDDS Template on International Reserves and Foreign Currency Liquidity and the Exchange Fund’s Abridged Balance Sheet and Currency Board Account on 28 January.
Hong Kong Monetary Authority 2025-01-07
Hong Kong Monetary Authority reports Hong Kong foreign currency reserves fell to USD 421.4 billion at end-December 2024
The Hong Kong Monetary Authority reported that Hong Kong's official foreign currency reserve assets decreased to USD 421.4 billion at the end of December 2024 from USD 425.1 billion in November. The reserves represent over five times the currency in circulation and about 39% of HKD M3. The HKMA also announced its January 2025 schedule for Exchange Fund data releases.