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Home >> Business
UPDATED: 09:19, October 17, 2006
Hong Kong Exchange Fund foreign assets up 3.3 billion HK dollars
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The Exchange Fund's foreign assets in Hong Kong reached 957.7 billion HK dollars (about 123 billion U.S. dollars) in September, up 3.3 billion on August, the Monetary Authority said here Monday.

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 293 billion HK dollars (about 38 billion U.S. dollars), revealed the Monetary Authority's latest statistics.

Claims on the private sector in Hong Kong by Exchange Fund amounted to 58.6 billion HK dollars (about 7.5 billion U.S. dollars) while foreign liabilities, representing mainly obligations under repurchase agreements, were 1.8 billion HK dollars.

Source: Xinhua


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