Exchange Fund assets fall

November 30, 2018

The Exchange Fund’s total assets fell to $3.955 trillion at the end of October, $77.6 billion lower than the previous month, the Monetary Authority announced today.


Foreign currency assets decreased by $44.5 billion and Hong Kong dollar assets dropped by $33.1 billion.


The Monetary Base was $1.6151 trillion, down 0.3% from the previous month due to the decrease in the outstanding amount of Certificates of Indebtedness.


The amount of Backing Assets fell 0.05% to $1.7687 trillion due to the redemption of Certificates of Indebtedness.


The backing ratio increased to 109.51% at the end of October.

Back to top