HONG KONG - Hong Kong's Exchange Fund foreign assets shrunk by HK$100 million ($12.85 million) to HK$2.1699 trillion in November, the Monetary Authority said Wednesday.

The Monetary Base, comprising Certificates of Indebtedness, government issued currency notes and coins in circulation, the Aggregate Balance and Exchange Fund Bills and Notes issued, amounted to HK$1.0602 trillion.

Claims on the private sector in Hong Kong amounted to HK$143.5 billion.

Foreign liabilities, representing fees payable to the Exchange Fund's external managers, amounted to HK$200 million.