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Author Archives: hksar gov

Analytical Accounts of Exchange Fund

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) released today (October 12) the key analytical accounts of the Exchange Fund at the end of September 2018.
 
     Foreign assets, representing the external assets of the Exchange Fund, increased during the month by HK$4.7 billion to HK$3,491.8 billion.
 
     The Monetary Base, comprising Certificates of Indebtedness, Government‑issued currency notes and coins in circulation, the balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$1,619.6 billion.
 
     Claims on the private sector in Hong Kong amounted to HK$237.4 billion.
 
     The analytical accounts of the Exchange Fund are released in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS) and are referred to as the Analytical Accounts of the Central Bank under SDDS (Annex).
 
Release calendar
——————-
 
The release calendar of the Analytical Accounts of the Exchange Fund for 2019 is announced below:
 

Reference Month
 
Release Date
January 2019 February 14, 2019
February 2019 March 14, 2019
March 2019 April 12, 2019
April 2019 May 14, 2019
May 2019 June 14, 2019
June 2019 July 12, 2019
July 2019 August 14, 2019
August 2019 September 13, 2019
September 2019 October 14, 2019
October 2019 November 14, 2019
November 2019 December 13, 2019
December 2019 January 14, 2020
 
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     At present, four press releases relating to the Exchange Fund’s data are issued by the HKMA each month.  Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS).  The fourth press release, on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA’s policy of maintaining a high level of transparency.  For the month of October 2018, the scheduled dates for issuing the press releases are as follows:
 
October 5
(Issued)
SDDS International Reserves (Hong Kong’s Latest Foreign Currency Reserve Assets Figures)
 
October 12
 
SDDS Analytical Accounts of the Central Bank (Analytical Accounts of the Exchange Fund)
 
October 31
 
 
SDDS Template on International Reserves and
Foreign Currency Liquidity
 
October 31
 
Exchange Fund Abridged Balance Sheet and
Currency Board Account
 
 
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Grading of beach water quality released

     The Environmental Protection Department (EPD) today (October 12) released the latest grading of water quality for 38 gazetted beaches* that are open for swimming and one non-gazetted beach (i.e. Discovery Bay**).
        
     Twenty-four beaches were rated as Good (Grade 1), 14 as Fair (Grade 2) and one as Poor (Grade 3).
 
Grade 1 beaches are:        

Cafeteria New Beach Lower Cheung Sha Beach
Cheung Chau Tung Wan Beach Middle Bay Beach
Chung Hom Kok Beach Repulse Bay Beach
Clear Water Bay First Beach Shek O Beach
Discovery Bay Silverstrand Beach
Golden Beach South Bay Beach
Hap Mun Bay Beach*** St Stephen’s Beach
Hung Shing Yeh Beach Stanley Main Beach
Kadoorie Beach Tong Fuk Beach
Kiu Tsui Beach*** Trio Beach***
Kwun Yam Beach Turtle Cove Beach
Lo So Shing Beach Upper Cheung Sha Beach
 
Grade 2 beaches are:
Anglers’ Beach Deep Water Bay Beach
Approach Beach Hoi Mei Wan Beach
Big Wave Bay Beach Lido Beach
Butterfly Beach Ma Wan Tung Wan Beach
Cafeteria Old Beach Pui O Beach
Castle Peak Beach Silver Mine Bay Beach
Clear Water Bay Second Beach Ting Kau Beach
 
Grade 3 beach is:
Casam Beach  
 
* The Leisure and Cultural Services Department (LCSD) announced today that Butterfly Beach, Castle Peak Beach, Kadoorie Beach, Cafeteria Old Beach, Cafeteria New Beach, Golden Beach, Hoi Mei Wan Beach and Approach Beach will reopen on October 13 while Repulse Bay Beach will reopen on October 16. Meanwhile, other gazetted beaches in Southern, Tsuen Wan, Islands and Sai Kung Districts will remain closed until further notice.

** Discovery Bay is a non-gazetted beach without lifeguard service.

*** Sai Kung Sewage Treatment Works was recently damaged by the typhoon and is under repair. The public are advised to avoid recreational activities with water contact at Kiu Tsui Beach, Trio Beach and Hap Mun Bay Beach, where water quality may be temporarily affected until further notice.
 
     Under the present grading system, beaches are classified into four grades according to the level of E. coli in the water. Grades are calculated on the basis of the geometric mean of the E. coli counts on the five most recent sampling occasions.
      
     A summary of beach grades is published weekly before the weekend. The latest beach grades based on the most current data may be obtained from the department’s websites on Beach Water Quality (www.beachwq.gov.hk and www.epd.gov.hk/epd/beach) or the beach hotline, 2511 6666. read more