Hong Kong Monetary Authority reported that the territory’s official foreign currency reserve assets declined to US$433.0 billion at the end of September 2026, down from US$442.8 billion in August, the central bank announced on October 7.
- September 2026 reserves: US$433.0 billion
- August 2026 reserves: US$442.8 billion
- Reserve adequacy ratio: Over 5 times currency in circulation; approximately 35% of Hong Kong dollar M3
- Unsettled foreign exchange contracts: None at end-September and end-August 2026
The month-on-month decline of approximately US$9.8 billion reflects market movements and operational activities during the period. The reserve level remains substantial, exceeding five times the currency circulating in the Hong Kong economy and representing roughly one-third of the broad money supply measured by M3 aggregates.
The HKMA maintains strict transparency protocols regarding the Exchange Fund, issuing four press releases monthly covering international reserves data, analytical accounts, and the central bank’s balance sheet. The authority publishes reserve figures in accordance with the International Monetary Fund’s Special Data Dissemination Standard, ensuring compliance with global best practices for monetary data disclosure.
The central bank has published its 2027 release calendar, with foreign currency reserve assets figures scheduled for publication on the seventh of each month, with minor variations in November and December to accommodate the holiday period. The Hong Kong Monetary Authority serves as Hong Kong’s central banking institution, responsible for maintaining monetary and financial stability in the territory.
