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Hong Kong's foreign assets rise over $1b in Dec

China Daily 01/14/2012 20:11
Hong Kong's foreign assets rise over $1b in Dec - Business - Finance - Hong Kong

Hong Kong's foreign assets rose HK$8.1 billion ($1.0 billion) to HK$2.2 trillion at the end of December, the city's Exchange Fund said here 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 HK$1.1 trillion, according to the data.

Claims on the private sector in Hong Kong were HK$150.2 billion, while foreign liabilities, representing fees payable to the Exchange Fund's external managers, were HK$200 million.