Hong Kong Exchange Fund assets rise to HK$3.47 trln end-Oct-HKMA

November 30, 2015 9:09 AM

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Nov 30 Assets at the Exchange Fund, which is used to back the Hong Kong dollar, totalled HK$3,470.9 billion ($447.86 billion) at the end of October, the Hong Kong Monetary Authority (HKMA) said on Monday.

The figure was HK$177.4 billion higher than the total at the end of September, with foreign currency assets and Hong Kong dollar assets rising HK$163.8 billion and HK$13.6 billion respectively, the city's de facto central bank said in a statement.

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