
HK Exchange Fund foreign assets up $13.1bn
Hong Kong’s private sector claim amounted to $127.8bn while foreign liabilities stood at $300mn.
The Exchange Fund’s foreign assets grew to $2.0357 trillion at the end of December, up $13.1 billion on the previous month, the Monetary Authority announced 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 $1.0395 trillion, according to the Monetary Authority report.
Claims on the private sector in Hong Kong amounted to $127.8 billion. Foreign liabilities, representing mainly obligations under repurchase agreements, stood at $300 million.