Exchange fund foreign assets up HK$83.3b

Local | 12 Jan 2018 4:39 pm

The city's Exchange Fund foreign assets increased in December 2017 by HK$83.3 billion to HK$3.508 trillion, the Hong Kong Monetary Authority reported today.

The Monetary Base, comprising Certificates of Indebtedness, Government-issued currency notes and coins in circulation, the balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$1.695 trillion.

Claims on the private sector in Hong Kong amounted to HK$240.0 billion while foreign liabilities, representing fees payable to the Exchange Fund's external managers, amounted to HK$400 million.

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