HONG KONG, Jan 30 (Reuters) - Hong Kong's Exchange Fund,
which is used to back the Hong Kong dollar, reported an
investment loss of HK$202.4 billion in 2022, the Hong Kong
Monetary Authority (HKMA) said on Monday.
In 2021, the exchange fund recorded adjusted investment
income of HK$191.9 billion ($24.49 billion).
The HKMA is the key manager of the Exchange Fund, which is
under the control of the financial secretary and invests in
equities, bonds, foreign exchange and other securities and
assets.
($1 = 7.8346 Hong Kong dollars)
(Reporting by Twinnie Siu and Donny Kwok; Editing by Louise
Heavens)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.