Please use a Javascript-enabled browser. 031215en03002
news.gov.hk  
 From Hong Kong's Information Services Department
*
December 15, 2003
*
*

Monetary Authority

*

Exchange fund foreign assets hit $833b

*
HK Monetary Authority

The foreign assets of the Exchange Fund in November saw a $7.1 billion increase to $833 billion, the Hong Kong Monetary Authority announced today.

 

The Monetary Base - comprising Certificates of Indebtedness, government-issued currency notes and coins in circulation, the Aggregate Balance of the banking system and Exchange Fund Bills and Notes issued - amounted to $268.8 billion. 

 

Claims on Hong Kong's private sector stood at $59.6 billion, while foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $7.3 billion.