Hong Kong forex reserves rise to US$440.5 billion in October
Hong Kong's official foreign exchange reserves stood at US$440.5 billion at the end of October, up from US$432.9 billion in September. The reserves cover more than five times the currency in circulation and about 36 per cent of M3 money supply. No outstanding forward contracts were reported.
The Hong Kong Monetary Authority (HKMA) announced on 6 November that the city's official foreign exchange reserves reached US$440.5 billion at the end of October, compared with US$432.9 billion at the end of September.
The reserves were equivalent to more than five times the value of Hong Kong's currency in circulation and about 36 per cent of Hong Kong dollar money supply M3, the HKMA said.
No outstanding forward contracts were recorded for either the end of October or the end of September.
The HKMA issues four press releases each month on data related to the Exchange Fund. Three of these releases are made in accordance with the International Monetary Fund's Special Data Dissemination Standard, and the fourth provides a summary of the Exchange Fund's balance sheet and the Currency Board accounts as part of the HKMA's policy of maintaining high transparency. The release schedule for November 2026 was also published.