Foreign assets in Hong Kong Exchange Fund HK$3.2 trln at end-March

April 13 (Reuters) - Foreign assets in Hong Kong's Exchange

Fund stood at HK$3,198.0 billion ($411.43 billion) at the end of

March, up HK$45.0 billion from the previous month, the Hong Kong

Monetary Authority said on Thursday.

The Exchange Fund backs the local currency, which has been

pegged to the U.S. dollar since 1983.

($1 = 7.7728 Hong Kong dollars)

(Reporting by Twinnie Siu; Editing by Subhranshu Sahu)