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International Reserves and Foreign Currency Liquidity
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    The Hong Kong Monetary Authority (HKMA) released today (February 28) analytical data on the Hong Kong SAR's foreign currency reserves and foreign currency liquidity at the end of January 2006 (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.

     For further enquiries, please contact:

Kevin Ip, Manager (Press), at 2878 1687 or
Thomas Chan, Senior Manager (Press), at 2878 1480


Hong Kong Monetary Authority
February 28, 2006
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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 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 February 2006, the scheduled dates for issuing the press releases are as follows:

   February 7        SDDS International Reserves
   (Issued)          (Hong Kong's Latest Foreign
                      Currency Reserve Assets
                      Figures)

   February 14       SDDS Analytical Accounts of
   (Issued)          the Central Bank (Exchange
                      Fund Balance Sheet Data)

   February 24       Exchange Fund Abridged Balance
   (Issued)          Sheet and Currency Board Account

   February 28       SDDS Template on International
                     Reserves and Foreign Currency
                     Liquidity

Ends/Tuesday, February 28, 2006
Issued at HKT 17:00

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