Hong Kong's exchange fund foreign assets up 9.5 bln HKD in June


By Zhang YashiXie Niu

HONG KONG, July 14 (Xinhua) -- The Hong Kong Monetary Authority (HKMA) said on Monday that in June, foreign assets, representing the external assets of the exchange fund, increased 9.5 billion HK dollars to 3,596.2 billion HK dollars (about 458.11 billion U.S. dollars).

The HKMA released key analytical accounts of the exchange fund at the end of June. 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 2,120.2 billion HK dollars.

Claims on the private sector in Hong Kong amounted to 349.4 billion HK dollars. Foreign liabilities amounted to 31 billion HK dollars, according to the HKMA. (1 U.S. dollar equals 7.84 HK dollars)

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