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%.