HK Exchange Fund foreign assets HK$2,316.9 bln at end-Sept

Oct 12 (Reuters) - Foreign assets in Hong Kong's Exchange Fund stood at HK$2,316.9 billion ($298.86 billion) at the end of September 2012, up HK$30.8 billion from the end of August 2012, the Hong Kong Monetary Authority said on Friday.

The Exchange Fund backs the local currency, which has been pegged to the U.S. dollar since 1983.

($1 = 7.7524 Hong Kong dollars)

(Reporting by Raymond Leung; Editing by xxx)

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