Exchange Fund foreign assets rise to HK$3.6 trillion - News Summed Up

Exchange Fund foreign assets rise to HK$3.6 trillion


Foreign assets of the Exchange Fund, increased in July by HK$34.8 billion to HK$3.68 trillion, the Hong Kong Monetary Authority said.. The monetary base, comprising certificates of indebtedness, government-issued currency notes and coins in circulation, the balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$1.80 trillion. Claims on the private sector in Hong Kong amounted to HK$244.8 billion.


Source: The Standard August 14, 2020 09:12 UTC



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