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Exchange Fund foreign assets grew $3.5 billion to $985 billion in December, the Monetary Authority says.
The monetary base, comprising certificates of indebtedness, Government-issued currency notes and coins in circulation, the aggregate balance of the banking system and exchange fund bills and notes issued, amounted to $298 billion.
The month saw private sector claims hit $52.5 billion, while foreign liabilities, representing mainly obligations under repurchase agreements, were $200 million.
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