Hong Kong's foreign currency reserves reach $446.5 billion
The Hong Kong Monetary Authority announced that its official foreign currency reserve assets increased to US$446.5 billion at the end of May 2026. This marks an increase from US$442.1 billion in April.
Reserves climb by $4.4 billion
The Hong Kong Monetary Authority (HKMA) reported a significant rise in its official foreign currency reserve assets, which reached US$446.5 billion at the end of May 2026.
This figure marks an increase of US$4.4 billion from the US$442.1 billion recorded at the end of April 2026.
When including unsettled foreign exchange contracts, the total foreign currency reserve assets for May 2026 amounted to US$446.2 billion, also showing growth from the previous month's US$442.1 billion.
These substantial reserves highlight Hong Kong's robust external financial position, representing over five times the currency in circulation and approximately 38 percent of the Hong Kong dollar M3. This strong reserve base provides a solid foundation for maintaining the stability and integrity of the local currency and financial system.
Commitment to transparency
The HKMA regularly disseminates monetary data through a series of monthly press releases, adhering to international standards and its own transparency policy.
Four such releases are scheduled each month concerning the Exchange Fund's data.
Three of these publications are issued in accordance with the International Monetary Fund's (IMF) Special Data Dissemination Standard (SDDS), ensuring global comparability and timely information flow.
The fourth press release, detailing the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is part of the HKMA's commitment to maintaining a high level of public transparency regarding its operations and financial health.
A steady anchor in global markets
The steady growth in Hong Kong's foreign currency reserves reinforces its position as a stable financial hub, providing a crucial buffer against external shocks.
This robust reserve base underpins confidence in the Hong Kong dollar's peg and the broader financial system.
These routine figures offer a timely reminder of the city's enduring economic resilience.