The Hong Kong Monetary Authority announced that Hong Kong's foreign currency reserve assets amounted to US$427.9 billion as of the end of December 2025. This amount represents over five times the currency in circulation or about 38% of Hong Kong dollar M3. No unsettled foreign exchange contracts were reported at the end of December and November 2025.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On 7 January 2026, the Hong Kong Monetary Authority ("HKMA") disclosed that Hong Kong's official foreign currency reserve assets reached a total of US$427.9 billion as of 31 December 2025. This figure represents an increase from the end of November 2025, where the reserve assets were reported at US$429.4 billion. Significantly, this amount is more than five times the currency in circulation and constitutes approximately 38% of Hong Kong dollar M3.
The HKMA further reported that there were no unsettled foreign exchange contracts at the end of December and November 2025.
The HKMA adheres to a strict policy of transparency, releasing four press releases each month regarding the Exchange Fund's data. Three of these releases are made in accordance with the International Monetary Fund’s Special Data Dissemination Standard ("SDDS"), disseminating monetary data. The fourth release provides detailed information on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account.
The upcoming schedule for the January 2026 press releases is as follows:
7 January: SDDS International Reserves (Hong Kong’s Latest Foreign Currency Reserve Assets Figures),
14 January: SDDS Analytical Accounts of the Central Bank (Analytical Accounts of the Exchange Fund),
30 January: SDDS Template on International Reserves and Foreign Currency Liquidity,
30 January: Exchange Fund Abridged Balance Sheet and Currency Board Account.
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