Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Hong Kong Monetary Authority reports foreign currency reserves in April
ADOPTION NEWS

Hong Kong Monetary Authority reports foreign currency reserves in April

By Crypto FlexsJune 1, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Hong Kong Monetary Authority reports foreign currency reserves in April
Share
Facebook Twitter LinkedIn Pinterest Email





The Hong Kong Monetary Authority (HKMA) has published analytical data on foreign currency reserves and liquidity in the Hong Kong Special Administrative Region as of the end of April 2024. The data released on May 31, 2024 follows analysis by the International Monetary Fund (IMF). (IMF) Special Data Dissemination Standard (SDDS).

Monthly data releases

According to the HKMA, foreign exchange reserves and liquidity data are published monthly under the IMF’s SDDS framework. The plan aims to strengthen transparency and accountability in economic and financial data reporting. HKMA’s launch schedule for May 2024 includes several key dates.

  • May 7: SDDS International Reserves (latest foreign reserve asset figures)
  • May 14: SDDS Analytics Account central bank (Exchange Fund Analysis Account)
  • May 31st: SDDS Template on International Reserves and Foreign Currency Liquidity
  • May 31st: Exchange Funds Summary Balance Sheet and Monetary Board Accounts

Compliance with international standards

By complying with the IMF’s SDDS, HKMA ensures that reported data meets international standards for accuracy and transparency. The SDDS framework is designed to guide Member States in providing comprehensive and timely economic and financial data to the public. This promotes a better understanding of the country’s financial health and helps increase investor confidence.

exchange funds data

In addition to SDDS-related releases, the HKMA also publishes data on the Exchange Funds’ Summary Balance Sheets and Monetary Committee Accounts. This is part of our policy to maintain a high level of transparency regarding the financial position of the Foreign Exchange Fund. The Foreign Exchange Fund serves as Hong Kong’s main reserve fund, and its management is critical to maintaining the stability of the Hong Kong dollar.

Detailed data can be found on the official website of the Hong Kong Monetary Authority.

global economic situation

Hong Kong’s foreign exchange reserves play an important role in regional financial stability, especially amid global economic uncertainty. As geopolitical tensions persist and global markets fluctuate, maintaining robust foreign exchange reserves is essential to cushion the economy against external shocks. HKMA’s regular updates provide valuable insights to policymakers, investors and analysts monitoring the region’s economic health.

The proactive dissemination of this data highlights Hong Kong’s commitment to transparency and stability in the financial system, aligns with global best practices and strengthens trust among international stakeholders.

Image source: Shutterstock

. . .

tag


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025
Most Popular

Witness Craig Wright has defended his comments saying the COPA trial is heading for a ‘train wreck’ as it enters its third week.

February 19, 2024

The execution platform MEVVY raises $ 2.8 million in the seed round led by Multicoin Capital.

January 29, 2025

US spot Bitcoin ETFs saw a net outflow of $168 million yesterday amid market turmoil.

August 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.