Hong Kong Exchange Fund foreign assets up HK$7 billion
The Hong Kong Exchange Fund's foreign assets stood at HK$2.24 trillion (US$289 billion) at the end of July, up $7 billion, the Monetary Authority announced on Tuesday (August 14), according to Hong Kong’s Information Services Department.
The monetary base at the end of July was $1.09 trillion. Claims on the private sector in Hong Kong amounted to $134 billion. Foreign liabilities were $200 million.