Exchange Fund's December assets hit $2.8 trillion

HK dollar assets rose by $29.b.

According to the Monetary Authority, exchange Fund’s total assets amounted to $2.7822 trillion at the end of December, up $133.9 billion on November.

Foreign currency and Hong Kong Dollar assets increased by $104.5 billion and $29.4 billion.

The Monetary Base stood at $1.2173 trillion at the end of December, up $81.4 billion, or 7.2% on the end of November.

Backing Assets increased by $80.6 billion, or 6.5%, to $1.3155 trillion. The backing ratio decreased from 108.72% to 108.07% at the end of December. 

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