The Hong Kong Monetary Authority (HKMA) recently shared the latest numbers on Hong Kong’s official foreign currency reserve assets. As of the end of February 2025, these reserves stood at US$416.4 billion, down slightly from US$421.5 billion at the end of January 2025. This figure reflects Hong Kong’s strong financial buffer, helping it weather global economic shifts.
The HKMA also noted that unsettled foreign exchange contracts amounted to US$0.5 billion at the end of February 2025, compared to none in January. Even with this small change, the reserves remain a powerhouse, representing:
- Over five times the amount of currency circulating in Hong Kong.
- About 38% of the Hong Kong dollar M3 (a broad measure of money supply).
Want the nitty-gritty details? Check out the full breakdown in the annex.
Exchange Fund Data: What’s Coming in April 2025
The HKMA keeps things transparent by releasing four key updates about the Exchange Fund each month. Three of these align with the International Monetary Fund’s Special Data Dissemination Standard (SDDS), while the fourth—covering the Exchange Fund’s Abridged Balance Sheet and Currency Board Account—shows off their commitment to openness. Here’s what’s on deck for April 2025:
| Date | Release Topic |
|---|---|
| April 7 | SDDS International Reserves (Latest Foreign Currency Reserve Assets Figures) |
| April 14 | SDDS Analytical Accounts of the Central Bank (Exchange Fund Analytics) |
| April 30 | SDDS Template on International Reserves and Foreign Currency Liquidity |
| April 30 | Exchange Fund Abridged Balance Sheet and Currency Board Account |