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Exchange Fund assets up $8.3b

August 29, 2014

The Exchange Fund’s total assets increased to $3.0793 trillion in July, up $8.3 billion on June, the Monetary Authority announced today.

 

Foreign currency assets increased $35.6 billion while Hong Kong dollar assets fell $27.3 billion.

 

The Monetary Base increased $52.3 billion to $1.3151 trillion.

 

Backing Assets increased $51.8 billion to $1.4098 trillion.

 

The backing ratio decreased to 107.21%.



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