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The Exchange Fund's foreign assets fell $16.8 billion, to $1 trillion in July, 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 $296.9 billion.
Claims on the private sector in Hong Kong stood at $96.8 billion. Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $1.8 billion.
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