HK's foreign assets up 6.8 bln HK dollars in October

The Exchange Fund's foreign assets grew by 6.8 billion to 964.5 billion HK dollars (123.65 billion U.S. dollars) in October, the Monetary Authority said here on Tuesday.

The monetary base fell from 293 billion to 292.1 billion HK dollars (37.45 billion U.S. dollars).

The month also saw private sector claims in Hong Kong of 57.1 billion HK dollars (7.32 billion U.S. dollars), while the figure foreign liabilities, representing mainly obligations under repurchase agreements, was 1.7 billion (0.22 billion U.S. dollars).

Source: Xinhua