The Exchange Fund's foreign assets amounted to $1.1364 trillion in January, up $48.4 billion on December, 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 $338.4 billion.

Claims on the private sector amounted to $135.3 billion. Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.9 billion.