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HK Exchange Fund Posts $24B Drop in Foreign Assets in Mar
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The Hong Kong Monetary Authority (HKMA) released today (14th) the key analytical accounts of the Exchange Fund at the end of March 2025. Foreign assets, representing the external assets of the Exchange Fund, decreased during the month by HK$24 billion to HK$3,415.9 billion.

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$1,977.1 billion. Claims on the private sector in Hong Kong amounted to HK$342.3 billion. Foreign liabilities amounted to HK$30.7 billion.
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