Exchange Fund foreign assets down

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Exchange Fund foreign assets down

The Exchange Fund’s foreign assets dropped by $9.8 billion to $3.598 trillion in March, the Monetary Authority announced today.

 

The Monetary Base amounted to $1.7295 trillion, while claims on the private sector in Hong Kong amounted to $248.7 billion.

 

Foreign liabilities, representing fees payable to the Exchange Fund’s external managers, amounted to $400 million.

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