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 From Hong Kong's Information Services Department
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January 14, 2005
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Finance

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Exchange fund up $36.6b
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Monetary Authority logo

Foreign assets, representing the external assets of the Exchange Fund, amounted to $904.9 billion at the end of December, up $36.6 billion on November, the Monetary Authority says.

 

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 $294.9 billion. 

 

Claims on the private sector in Hong Kong amounted to $55.9 billion, while foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $200 million.