Analytical Accounts of the Exchange Fund

Sep 14, 2026
Latest News HKMA Analytical Accounts of the Exchange Fund

HKMA released August 2026 analytical accounts of the Exchange Fund on 14 September 2026, showing foreign assets decreased by HK$41.8 billion to HK$3,652.7 billion, Monetary Base at HK$2,080.2 billion, private sector claims at HK$403.1 billion, and foreign liabilities at HK$140.3 billion.

This article was generated using SAMS, an AI technology by Timothy Loh LLP.

Exchange Fund Analytical Accounts – August 2026

On Mon, 14 Sep, The Hong Kong Monetary Authority (""HKMA"") published the key analytical accounts of the Exchange Fund as at end-August 2026. It is noted that foreign assets constituting the external component of the Exchange Fund recorded a monthly decline of HK$41.8 billion, bringing the aggregate to HK$3,652.7 billion.

The Monetary Base—encompassing Certificates of Indebtedness, Government-issued currency notes and coins in circulation, the balance of the banking system, and Exchange Fund Bills and Notes issued—stood at HK$2,080.2 billion. In addition, claims on the private sector within Hong Kong amounted to HK$403.1 billion, while foreign liabilities were recorded at HK$140.3 billion.

Regulatory Disclosure Framework

The publication of the Exchange Fund's analytical accounts is conducted in compliance with the International Monetary Fund (""IMF"") Special Data Dissemination Standard (""SDDS""). Such publications are designated as "Analytical Accounts of the Central Bank" under SDDS, as set out in Annex. Pursuant to this framework, the HKMA issues four press releases on a monthly basis pertaining to Exchange Fund data: three serve to disseminate monetary data in accordance with the IMF's SDDS requirements, while the fourth—concerning the Abridged Balance Sheet and Currency Board Account of the Exchange Fund—is issued in furtherance of the HKMA's stated policy of maintaining a high degree of transparency.

Scheduled Press Releases for September 2026

The following dates have been scheduled for issuance of press releases during September 2026: (i) 7 September (already issued)—SDDS International Reserves, reflecting Hong Kong's latest foreign currency reserve asset figures; (ii) 14 September—SDDS Analytical Accounts of the Central Bank, being the analytical accounts of the Exchange Fund; (iii) 30 September—SDDS Template on International Reserves and Foreign Currency Liquidity; and (iv) 30 September—Exchange Fund Abridged Balance Sheet and Currency Board Account.

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