FINANCIAL SERVICES | Staff Reporter, Hong Kong

The Exchange Fund's foreign assets hit $3.3t in June

The Monetary Authority said the assets increased by $50b.

The Exchange Fund’s foreign assets increased by $50.2 billion to $3.309 trillion in June, the Monetary Authority announced.

The Monetary Base amounted to $1.6634 trillion while claims on the private sector in Hong Kong amounted to $302 billion.

Foreign liabilities, representing fees payable to the Exchange Fund's external managers, amounted to $300 million.

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