The Hong Kong Monetary Authority ("HKMA") released the analytical accounts of the Exchange Fund for November 2025, showing an increase in foreign assets by HK$28.9 billion to HK$3,538.0 billion. The monetary base was HK$2,032.2 billion, while claims on the private sector in Hong Kong were HK$313.6 billion. Foreign liabilities stood at HK$35.8 billion.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On 12 December, the Hong Kong Monetary Authority ("HKMA") released the analytical accounts of the Exchange Fund at the end of November 2025, in line with the International Monetary Fund’s Special Data Dissemination Standard ("SDDS").
The increase in foreign assets for the Exchange Fund during the month amounted to HK$28.9 billion, reaching HK$3,538.0 billion.
The Monetary Base, which includes Certificates of Indebtedness, Government-issued currency notes and coins in circulation, and Exchange Fund Bills and Notes issued, totaled HK$2,032.2 billion.
Claims on the private sector in Hong Kong amounted to HK$313.6 billion, while foreign liabilities were HK$35.8 billion.
The HKMA issues four monthly press releases regarding Exchange Fund data, three in compliance with the SDDS and one detailing the Abridged Balance Sheet and Currency Board Account, reflecting the HKMA's commitment to transparency.
For December 2025, the scheduled press release dates are as follows: 5 December for the SDDS International Reserves, 12 December for the SDDS Analytical Accounts, and 31 December for the Exchange Fund Abridged Balance Sheet and Currency Board Account.
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