Core Insights - The total foreign exchange reserves of the Macao Special Administrative Region reached 245.6 billion Macao Patacas (approximately 30.64 billion USD) by the end of December 2025, marking a 2.0% increase from the revised total of 240.8 billion Macao Patacas (approximately 30.05 billion USD) at the end of November 2025 [1] Group 1 - The foreign exchange reserves as of December 2025 are equivalent to 11 times the currency in circulation in Macao at the end of November 2025 [1] - The Macao Patacas portion of the broad money supply (M2) accounts for 91.8% of the total [1]

Core Viewpoint - The Monetary Authority of Macao announced that as of the end of November 2025, the total foreign exchange reserves of the Macao Special Administrative Region reached 240.8 billion Macanese Patacas (approximately 30.05 billion USD), reflecting a 1.1% increase from the revised total of 238.0 billion Macanese Patacas (approximately 29.74 billion USD) at the end of October 2025 [1] Summary by Category Foreign Exchange Reserves - As of November 2025, the total foreign exchange reserves amounted to 240.8 billion Macanese Patacas (30.05 billion USD) [1] - This represents a 1.1% increase from the revised total of 238.0 billion Macanese Patacas (29.74 billion USD) reported at the end of October 2025 [1] Monetary Supply - The total foreign exchange reserves at the end of November 2025 are approximately 11 times the amount of Macao's circulating currency as of the end of October 2025 [1] - The reserves constitute 89.6% of the Macanese Pataca portion of the broad money supply (M2) [1]

Core Viewpoint - The Hong Kong Monetary Authority announced that the official foreign exchange reserves of Hong Kong reached $429.4 billion by the end of November 2025, showing an increase from $426.1 billion at the end of October 2025 [1] Group 1 - The foreign exchange reserves of $429.4 billion are more than five times the currency in circulation in Hong Kong [1] - The foreign exchange reserves account for approximately 38% of the Hong Kong dollar money supply M3 [1] - There were no unsettled foreign exchange contracts reported for both the end of November and October 2025 [1]

Core Viewpoint - Hong Kong's official foreign exchange reserves increased to $431.9 billion by the end of June 2025, up from $431.1 billion at the end of May 2025 [1] Group 1: Foreign Exchange Reserves - As of June 30, 2025, Hong Kong's foreign exchange reserves amounted to $431.9 billion, which is equivalent to more than five times the currency in circulation [1] - Including unsettled foreign exchange contracts, the total foreign exchange reserves stood at $431.8 billion at the end of June 2025, compared to $431.0 billion at the end of May 2025 [1] Group 2: Currency Supply - The foreign exchange reserves represent approximately 37% of Hong Kong's M3 money supply [1]