Hong Kong's total assets of the Exchange Fund amounted to 2.4572 trillion HK dollars (about 0.32 trillion U.S. dollars) at the end of October, up 41.6 billion HK dollars on September, said the authority on Wednesday.

According to the press release from the Monetary Authority, Hong Kong's foreign-currency assets increased by 25.2 billion HK dollars and Hong Kong dollar assets increased by 16.4 billion HK dollars.

The Currency Board Account showed the Monetary Base at the end of October was 1.0587 trillion HK dollars, down 3.1 billion HK dollars, or 0.3 percent, from the end of September. The decline was mainly due to a decrease in Certificates of Indebtedness, said the Monetary Authority.

Backing Assets decreased by 7.1 billion HK dollars, or 0.6 percent, to 1.1507 trillion HK dollars.

The backing ratio decreased from 109.04 percent at the end of September to 108.69 percent at the end of October.
 

Source:China.org