HK Exchange Fund foreign assets HK$1,736.4 bln at end-Oct - News

The Cost of True Love
In the popular holiday song "The 12 Days of Christmas," the cost of gifts - from the 12 drummers drumming to a partridge in a pear tree - is quite pricey.
Runway Angels
The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.
Smartphone Guide
Here's a need-to-know guide to nine devices, based on features, price, network and platform.

FEATURED QUIZZES

How Well Do You Know Your Bird?
Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.
A Healthier & Wealthier You
Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.
The Billionaire BFF's
Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?

SPECIAL REPORTS

Winterizing Your Portfolio
If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.
Investor's Guide to Real Estate
Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.
Alternative Investing
Stocks and bonds? Sure. But it's a big world out there for investors.

CNBC ON DIGG

HK Exchange Fund foreign assets HK$1,736.4 bln at end-Oct

By: AFX | 16 Nov 2009 | 03:48 AM ET

Text Size

HONG KONG, Nov 16 (Reuters) - Foreign assets in Hong Kong's Exchange Fund stood at HK$1,736.4 billion ($222.6 billion) at the end of October 2009, up HK$68.3 billion from the end of September 2009, the Hong Kong Monetary Authority said on Monday. The Exchange Fund backs the local currency, which has been pegged to the U.S. dollar since 1983. (US$1=HK$7.8) (Reporting by Raymond Leung; Editing by Chris Lewis) Keywords: HONGKONG EXCHANGEFUND ASSETS (raymond.leung@thomsonreuters.com; +852 2843 6368; Reuters Messaging: raymond.leung.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Tools: