GCC Consulting

Analytical Accounts of the Exchange Fund

On May 14, the Hong Kong Monetary Authority (HKMA) published the key analytical accounts of the Exchange Fund for the end of April 2024. The foreign assets, which represent the external assets of the Exchange Fund, experienced a decrease of HK$60.9 billion, reaching a total of HK$3,460.2 billion during the month. Additionally, the Monetary Base, which includes Certificates of Indebtedness, government-issued currency notes and coins in circulation, the balance of the banking system, and Exchange Fund Bills and Notes issued, amounted to HK$1,916.2 billion. Claims on the private sector in Hong Kong were recorded at HK$305.1 billion, while foreign liabilities totaled HK$22.3 billion. These analytical accounts of the Exchange Fund adhere to the International Monetary Fund’s Special Data Dissemination Standard (SDDS) and are known as the Analytical Accounts of the Central Bank under SDDS (Annex). Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/05/20240514-7/

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