The Hong Kong Monetary Authority (HKMA) released its analytical accounts for the Exchange Fund on August 14, 2026, revealing substantial growth in the territory’s external asset holdings. Foreign assets increased by HK$13.8 billion during July, reaching HK$3,694.5 billion, a significant expansion of Hong Kong’s international reserves position.
- Foreign Assets: HK$3,694.5 billion
- Monthly Increase: HK$13.8 billion
- Monetary Base: HK$2,080.1 billion
- Private Sector Claims: HK$413.3 billion
- Foreign Liabilities: HK$139.9 billion
The Monetary Base, comprising Certificates of Indebtedness, government-issued currency notes and coins in circulation, banking system balances, and Exchange Fund Bills and Notes, stood at HK$2,080.1 billion. Claims on Hong Kong’s private sector totaled HK$413.3 billion, while foreign liabilities reached HK$139.9 billion, reflecting the central bank’s balanced approach to managing the currency board system.
The HKMA publishes these analytical accounts in compliance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS), reinforcing Hong Kong’s commitment to financial transparency and international best practices. Four press releases relating to Exchange Fund data are issued monthly by the authority, including three SDDS-compliant monetary data releases and an additional release on the Exchange Fund’s abridged balance sheet and currency board account.
The HKMA maintains responsibility for managing Hong Kong’s foreign currency reserves and implementing monetary policy under the currency board arrangement. Additional Exchange Fund data releases are scheduled for August 31, 2026, including the SDDS Template on International Reserves and Foreign Currency Liquidity and the Exchange Fund Abridged Balance Sheet and Currency Board Account.
