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 From Hong Kong's Information Services Department
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December 14, 2007
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Finance

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Exchange Fund foreign assets up $63.5b
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Monetary Authority

Exchange Fund foreign assets grew by $63.5 billion to $1.093 trillion in 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 $315 billion.

 

Claims on the private sector in Hong Kong stood at $108.1 billion. Foreign liabilities, representing mainly obligations under repurchase agreements amounted to $1.7 billion.