Published:
Hong Kong's exchange fund assets up $40.1b
Assets now amount to $3.63tr.
The Exchange Fund’s total assets amounted to $3.6299tr at the end of December, up $40.1b on November, the Monetary Authority announced.
Foreign currency assets increased by $27.6b, while Hong Kong dollar assets were up $12.5b.
The Monetary Base at the end of December rose $21.0b to $1.6419tr.
Backing Assets increased by $21.1b to $1.7518tr. The backing ratio decreased to 106.70%.
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