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 From Hong Kong's Information Services Department
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May 15, 2006
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Monetary Authority

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Exchange Fund foreign assets up $9.5b

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Monetary Authority

The Exchange Fund's foreign assets amounted to $923.3 billion in April, up $9.5 billion on March, 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 $288.7 billion. 

 

Private sector claims amounted to $67 billion.

 

Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.7 billion.