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Hong Kong September exchange fund falls by $45bn
Of the $2.13tn Exchange Fund's foreign assets, Monetary Base amounted to $1.06tn.
The Exchange Fund's foreign assets fell $45.8 billion to $2.1317 trillion at the end of September, the Hong Kong Monetary Authority said 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 $1.0618 trillion.
Claims on the private sector in Hong Kong stood at $130.9 billion. Foreign liabilities, representing fees payable to the Exchange Fund’s external managers, amounted to $300 million.
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