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 From Hong Kong's Information Services Department
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September 14, 2005
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Monetary Authority

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Exchange Fund sheds $7.8b 
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Foreign assets, representing the the Exchange Fund's external assets, amounted to $866.5 billion at the end of August, down $7.8 billion on July, 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 $277.6 billion.

 

Claims on the private sector in Hong Kong amounted to $85.3 billion, while foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.4 billion.