TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 235

HONG KONG

Current Account

CONFIDENTIAL

£ million

1971

1972

1973 · 1974

Export

Imports

1191 1345

1500 1620

-1295-1419

-1600

-1720

Invisibles (net)

132

142

176 194

Current Account Balance

28

Balance of long-term capital

25

68888

66

जुनै

76

94

35

31

Balance of current and

long-term capital

53

134

111

125

Miscellaneous short-term capital

19

9

25

15

Balancing item

116

57

Total reserve and currency flow

188

200

136

140

Allocation of special drawing

rights

Financed by:

Change in Accounts with IMF

1

Change in reserves

188

- 200

136

140

CONFIDENTIAL

36