GCC Consulting

Analytical Accounts of the Exchange Fund

The Hong Kong Monetary Authority (HKMA) reported that, as of October 2024, the Exchange Fund’s foreign assets declined by HK$10.4 billion to HK$3,475.5 billion. The Monetary Base totaled HK$1,937.7 billion, including various currency notes, coins, and Exchange Fund Bills. Claims on Hong Kong’s private sector reached HK$288.4 billion, while foreign liabilities amounted to HK$31.6 billion. These figures are part of the HKMA’s compliance with the IMF’s Special Data Dissemination Standard (SDDS).

Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/11/20241114-4/

MICRO-LEARNING

Learn with us in small steps

Find out more about us