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Home » Glossary Terms » Hong Kong Monetary Authority (HKMA)

Hong Kong Monetary Authority (HKMA)

The Hong Kong Monetary Authority (HKMA) is the central banking institution of Hong Kong.

The HKMA was established on 1 April 1993 by merging the Office of the Exchange Fund and the Office of the Commissioner of Banking.

  • The HKMA’s four main functions are:
  • maintaining currency stability within the framework of the Linked Exchange Rate System;
  • promoting the stability and integrity of the financial system, including the banking system;
  • helping to maintain Hong Kong’s status as an international financial centre, including the maintenance and development of Hong Kong’s financial infrastructure; and
  • managing the Exchange Fund.

Source: https://www.hkma.gov.hk/eng/about-us/the-hkma/

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