Exchange Fund foreign assets up 3.7 bln HKD in January

22:13, February 14, 2011      

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The Hong Kong Monetary Authority (HKMA) said on Monday that the foreign assets of the Exchange Fund in January 2011 grew by 3.7 billion HK dollars (about 470 million U.S. dollars).

Foreign assets, representing the external assets of the Exchange Fund, amounted to 2,039.4 billion HK dollars in January.

The Monetary Base, comprising Certificates of Indebtedness, government issued currency notes and coins in circulation, the Aggregate Balance and Exchange Fund Bills and Notes issued, amounted to 1,064.2 billion HK dollars.

Claims on the private sector in Hong Kong amounted to 195.3 billion HK dollars.

Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to 300 million HK dollars.

Source: Xinhua
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