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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announced today (October 7) that the official foreign currency reserve assets of Hong Kong amounted to US$345.8 billion as at the end of September 2015 (end-August 2015: US$334.4 billion) (Annex).
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of September 2015 stood at US$347.4 billion (end-August 2015: US$334.4 billion).
The total foreign currency reserve assets of US$345.8 billion represent over seven times the currency in circulation or about 46% of Hong Kong dollar M3.
Release calendar
The release calendar of foreign currency reserve assets for 2016 is announced below:
Reference Month Release Date
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January 2016 February 5, 2016
February 2016 March 7, 2016
March 2016 April 7, 2016
April 2016 May 6, 2016
May 2016 June 7, 2016
June 2016 July 7, 2016
July 2016 August 5, 2016
August 2016 September 7, 2016
September 2016 October 7, 2016
October 2016 November 7, 2016
November 2016 December 7, 2016
December 2016 January 6, 2017
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At present, four press releases relating to the Exchange Fund's data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund'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 October 2015, the scheduled dates for issuing the press releases are as follows:
October 7
SDDS International Reserves
(Hong Kong's Latest Foreign Currency Reserve Assets Figures)
October 14
SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)
October 30
SDDS Template on International Reserves and Foreign Currency Liquidity
October 30
Exchange Fund Abridged Balance Sheet and Currency Board Account
Ends/Wednesday, October 7, 2015
Issued at HKT 16:30
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