Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Search
Macao's M2 money supply up 12.5 pct in October on-year
2017/12/6 15:39:19 Source:Xinhua

MACAO, Dec. 5 (Xinhua) -- Macao's M1 and M2 money supply grew 2.3 percent and 12.5 percent year-on-year respectively in October 2017, the Special Administrative Region's Monetary Authority said on Tuesday.
Among the M2 money, shares of pataca, Hong Kong dollar, renminbi and U.S. dollar were 31.1 percent, 53.6 percent, 4.0 percent and 9.3 percent respectively in October.
M1 refers to physical money supply, including cash, coins and checking deposits. M2 is a measure of the money supply that includes all elements of M1 as well as "near money" such as savings deposits, securities and mutual funds that are less liquid and not easily transferable to physical money.
Compared to September, M1 increased 8.1 percent. M2 increased 2.3 percent month-to-month to 580.9 billion patacas (about 72.38 billion U.S. dollars), Monetary Authority of Macao said in its latest report.
The report also indicated that resident deposits grew 2.4 percent in October from last month to 566.4 billion patacas (about 70.57 billion U.S. dollars) whereas non-resident deposits also rose 0.6 percent to 259.3 billion patacas (about 32.31 billion U.S. dollars).
Total deposits in the banking sector grew 1.2 percent from a month earlier to 1,011.5 billion patacas (about 126.03 billion U.S. dollars), the report said.

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement
Operated by Investment Promotion Agency of MOFCOM Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048 E-mail: service@fdi.gov.cn