HKMA foreign currency reserves decline to US$427.9 billion
The Hong Kong Monetary Authority announced that its official foreign currency reserve assets decreased to US$427.9 billion at the end of December 2025. This figure is down from US$429.4 billion recorded at the end of November 2025.
Reserves decline from November
Hong Kong's official foreign currency reserve assets stood at US$427.9 billion as of December 31, 2025.
This marks a decrease from US$429.4 billion reported at the end of November 2025.
The HKMA confirmed that there were no unsettled foreign exchange contracts at the end of either December or November 2025.
Significant coverage for local currency
The current level of foreign currency reserve assets, at US$427.9 billion, provides substantial coverage for the Hong Kong dollar.
It represents over five times the currency in circulation and approximately 38 percent of Hong Kong dollar M3, indicating a robust financial position.