Please use a Javascript-enabled browser. 070716en03003
news.gov.hk  
 From Hong Kong's Information Services Department
*
July 16, 2007
*
*

Monetary Authority

*
Exchange Fund foreign assets down $2.9b
*
Monetary Authority logo

Exchange Fund foreign assets fell $2.9 billion to $1.02 trillion at the end of June, 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 $298.5 billion.

 

Claims on the private sector in Hong Kong amounted to $76 billion.

 

Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.8 billion.