Hong Kong 500 and 100 dollar banknotes are arranged for a photograph in Hong Kong, on April 23, 2020. (PAUL YEUNG / BLOOMBERG)
HONG KONG – Foreign assets of Hong Kong's Exchange Fund decreased HK$39.3 billion to HK$3.654 trillion in July, according to the Hong Kong Monetary Authority (HKMA).
The HKMA, the city's de facto central bank, released on Friday the key analytical accounts of the Exchange Fund at the end of July.
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The Monetary Base – comprising certificates of indebtedness, government-issued currency notes and coins in circulation, the balance of the banking system and Exchange Fund bills and notes issued – amounted to HK$1,977.3 billion.
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Claims on the private sector in Hong Kong amounted to HK$296.5 billion, the HKMA said in a statement.
Foreign liabilities amounted to HK$23.8 billion, it added.
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