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Home > China Business News > China Finance news > HK's exchange fund assets fall 3.4 bln HKD in July

HK's exchange fund assets fall 3.4 bln HKD in July

http://www.toocle.com/ 2010-08-14 08:27:51 Xinhua

  HONG KONG, Aug. 13 (Xinhua) -- The total assets of Hong Kong's Exchange Fund amounted to 1.913 trillion HK dollars (2,462 billion U.S. dollars) at the end of July, down 3.4 billion HK dollars over the end of June, the city's Monetary Authority said on Friday.

  The Monetary Base, comprising Certificates of Indebtedness, Government issued currency notes and coins in circulation, the Aggregate Balance and Exchange Fund Bills and Notes issued, amounted to 1.0249 trillion HK dollars.

  Claims on the private sector in Hong Kong were 135 billion HK dollars in July, while foreign liabilities, representing mainly obligations under repurchase agreements, amounted to 300 million HK dollars. (1 U.S. dollar equals to 7.77 HK dollars)