GCC Consulting

Analytical Accounts of the Exchange Fund

The Hong Kong Monetary Authority (HKMA) announced the key analytical accounts of the Exchange Fund as of December 2024, reporting a HK$28.1 billion decline in foreign assets to HK$3,478.3 billion. The Monetary Base, comprising currency in circulation, the banking system balance, and Exchange Fund instruments, totaled HK$1,957.6 billion, while claims on Hong Kong’s private sector amounted to HK$305.7 billion and foreign liabilities stood at HK$24.3 billion. These figures are published under the IMF’s Special Data Dissemination Standard (SDDS). The HKMA issues four monthly press releases related to the Exchange Fund, three in line with SDDS requirements and one to maintain transparency, with scheduled releases in January 2025 on the 7th, 14th, and 28th. Resources: https:///www.hkma.gov.hk/eng/news-and-media/press-releases/2025/01/20250114-8/

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