At September’s end, Hong Kong held US$433.0 billion in foreign-currency reserves, US$9.8 billion less than in August based on monthly figures from the Hong Kong Monetary Authority (HKMA).
In an Oct. 7 release, the HKMA listed official reserves at US$433.0 billion at September’s end and US$442.8 billion at August’s end. It said the September total was more than five times currency in circulation and about 35% of Hong Kong dollar M3, with no unsettled foreign-exchange contracts recorded at either month-end.
On Oct. 30, the HKMA published September’s Template on International Reserves and Foreign Currency Liquidity under the International Monetary Fund’s Special Data Dissemination Standard. The IMF describes the template as a framework for comparing reserve assets with other foreign-currency resources and tracking obligations or transactions that could draw on them.
The HKMA calendar schedules publication of the October template for Nov. 30.
