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 From Hong Kong's Information Services Department
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January 14, 2009
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Monetary Authority

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Exchange Fund foreign assets up $84b
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Monetary Authority

The Exchange Fund's foreign assets amounted to $1.27 trillion in December, up $84.2 billion on 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 $506.6 billion.

 

Claims on the private sector amounted to $151.1 billion. Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $400 million.