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 From Hong Kong's Information Services Department
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June 16, 2008
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Economy
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Exchange Fund foreign assets down $6.3b
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Monetary Authority logo

The Exchange Fund's foreign assets amounted to $1.199 trillion in May, down $6.3 billion on April, 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 $325.2 billion.

 

Claims on the private sector in Hong Kong amounted to $63.4 billion. Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.6 billion.