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International Reserves and Foreign Currency Liquidity
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    The Hong Kong Monetary Authority (HKMA) released today (January 27) analytical data on the Hong Kong SAR's foreign currency reserves and foreign currency liquidity at the end of December 2005 (Annex).  These data are published monthly in the Template on International Reserves and Foreign Currency Liquidity in accordance with the International Monetary Fund's Special Data Dissemination Standard.

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     At present, four press releases relating to the Exchange Fund's data are issued each month.  Three of these releases are issued to disseminate monetary data in accordance with the International Monetary FundĄ¯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 January 2006, the scheduled dates for issuing the press releases are as follows:

 January 9      SDDS International Reserves
 (Issued)       (Hong KongĄ¯s Latest Foreign Currency
                 Reserve Assets Figures)

 January 16     SDDS Analytical Accounts of the
 (Issued)       Central Bank (Exchange Fund Balance
                Sheet Data)

 January 27     Exchange Fund Abridged Balance
                Sheet and Currency Board Account

 January 27     SDDS Template on International
                Reserves and Foreign Currency
                Liquidity

For further enquiries, please contact:

Jasmin Fung, Manager (Press), at 2878 8246 or
Kevin Ip, Manager (Press), at 2878 1687

Ends/Friday, January 27, 2006
Issued at HKT 16:42

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