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 From Hong Kong's Information Services Department
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March 14, 2006
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Finance 
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Exchange fund down $1.8b 
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Monetary Authority logo

Foreign assets, representing the external assets of the Exchange Fund, amounted to $916.6 billion at the end of February, down $1.8 billion on January, 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 $287.5 billion.

 

Claims on the private sector in Hong Kong amounted to $60 billion, while foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.7 billion.