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Exchange Fund assets up $37.6b

August 31, 2016

The Exchange Fund's total assets increased to $3.5804 trillion in July, up $37.6 billion on June, the Monetary Authority announced today.

 

Foreign currency assets increased $31.6 billion, while Hong Kong dollar assets increased $6 billion.

 

The Monetary Base increased $1 billion to $1.6083 trillion.

 

Backing Assets increased $1.7 billion to $1.7223 trillion.

 

The backing ratio rose to 107.09%.

 



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