Macau | Investment in securities jumps until June
| 05:30pm
Macau Opinion | Unloading safety
| 05:00pm
Macau | Sulu Sou’s case, an example of suppressing civil rights - Au Kam San
| 04:37pm
Philippine chief justice warns of threat to democracy
| 04:21pm
South Korea fears further missile advances by North this year in threat to U.S.
| 04:16pm
Televisa executive shot dead outside Mexico City while riding bike
| 03:30pm
Macau | Digital parking metres start operating in Areia Preta district
| 02:30pm
Indonesia speaker swaps hospital for detention amid graft accusations
| 02:00pm
Macau | HZM Bridge ready by year-end, says project manager – China Daily
| 12:54pm
Chongqing renews attacks on former disgraced leaders
| 11:56am

City’s forex reserves increased 4.3 pct m-o-m in June

The MSAR’s foreign exchange reserves amounted to MOP159.2 billion (US$19.80 billion) at the end of June, up 4.3 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM). The foreign exchange reserves in June represented 11 times the currency in circulation, or 91.8 per cent of pataca M2 at […]

The MSAR’s foreign exchange reserves amounted to MOP159.2 billion (US$19.80 billion) at the end of June, up 4.3 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM).
The foreign exchange reserves in June represented 11 times the currency in circulation, or 91.8 per cent of pataca M2 at the end of May.
The pataca trade-weighted effective exchange rate index, according to AMCM data, dropped 1.17 points when compared to May, but the rate increased by 0.99 points year-on-year, to 106.5 in June.
This suggests the exchange rate of the pataca weakened against the currencies of Macau’s major trading partners on a monthly basis, but grew on an annual basis.

OPINION

545 POSTS0 COMMENTS
224 POSTS0 COMMENTS
185 POSTS0 COMMENTS
103 POSTS0 COMMENTS