Photo from Unsplash by Fer Troulik

Hong Kong’s foreign assets decreased to $3.49t

Foreign liabilities stood at $26.6b.

Hong Kong’s foreign assets decreased by $21.4b to $3.49t, according to the Hong Kong Monetary Authority’s key analytical accounts of the Exchange Fund for September.

The Monetary Base, comprising Certificates of Indebtedness, government‑issued currency notes and coins in circulation, balance of the banking system and Exchange Fund Bills and Notes issued, amounted to $1.94t. 

Claims in the private sector amounted to $293.4b whilst foreign liabilities stood at $26.6b.

The analytical accounts of the Exchange Fund are released under the International Monetary Fund's Special Data Dissemination Standard.

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