The Hong Kong Monetary Authority (HKMA) published the key analytical accounts of the Exchange Fund as at end-December 2025 under the International Monetary Fund’s Special Data Dissemination Standard (SDDS). Foreign assets fell by HKD 12.5 billion over the month to HKD 3,525.5 billion. The monetary base totalled HKD 2,040.0 billion, comprising Certificates of Indebtedness, Government-issued currency notes and coins in circulation, the balance of the banking system, and Exchange Fund Bills and Notes issued. Claims on Hong Kong’s private sector stood at HKD 388.1 billion and foreign liabilities at HKD 52.3 billion. The HKMA also confirmed the remaining January 2026 publication schedule for Exchange Fund data, including the SDDS template on international reserves and foreign currency liquidity and the Exchange Fund abridged balance sheet and currency board account on 30 January.