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 From Hong Kong's Information Services Department
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May 14, 2007
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Finance
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Exchange Fund foreign assets up $8.5b
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Monetary Authority logo

Exchange Fund foreign assets grew by $8.5 billion to $1.02 trillion in April, 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 $298.2 billion.

 

The month saw private sector claims hit $75.3 billion, while foreign liabilities, representing mainly obligations under repurchase agreements, were $1.8 billion.