HK's Exchange Fund foreign assets up 28.3 bln HK dollars in March

2008-04-14 04:28:12 Xinhua English

HONG KONG, April 14 (Xinhua) -- The Exchange Fund's foreign assets amounted to 1.183 trillion HK dollars (151.97 billion U.S. dollars) in March, up 28.3 billion on February, Hong Kong Monetary Authority said Monday.

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 328.7 billion HK dollars.

Claims on the private sector amounted to 91.7 billion HK dollars. Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to 1.9 billion HK dollars. ( One U.S. dollar = 7.784 Hong Kong dollars)