The Exchange Fund's foreign assets of Hong Kong rose 5.7 billion
HK dollars (US$732 million), to 1.029 trillion HK dollars, the
Monetary Authority of Hong Kong said Wednesday.
The monetary base, comprising certificates of indebtedness,
Government-issued currency notes and coins in circulation, the
aggregate balance of the banking system and Exchange Fund bills and
notes issued, amounted to 303.6 billion HK dollars.
Claims on the private sector in Hong Kong stood at 98.8 billion
HK dollars. Foreign liabilities, representing mainly obligations
under repurchase agreements, amounted to 1.7 billion HK dollars,
said the authority.
(Xinhua News Agency November 15, 2007)
