, Hong Kong

Hong Kong April foreign assets up by $27.5bn

The monetary base amounted to $1.05tn, while claims on the private sector, reached $134.9bn and foreign liabilities, $500mn.

Exchange Fund foreign assets rose by $27.5 billion in April to $2.11 trillion, the Monetary Authority said on Friday.

The monetary base, comprising certificates of indebtedness, government issued currency notes and coins in circulation, the aggregate balance and Exchange Fund bills and notes issued, amounted to $1.055 trillion.

Claims on the private sector in Hong Kong amounted to $134.9 billion.

Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to $500 million.

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