China military sets up website to report leaks, fake news
| 09:15pm
Defiant Hun Sen tells U.S. to cut all aid to Cambodia
| 09:12pm
Zimbabwe's ruling party expels Mugabe - war vets head
| 09:09pm
Macau | Local driver Andre Couto confident in return to competition after six-months recovery
| 07:30pm
Macau | Daniel Ticktum wins a dramatic FIA F3 World Cup - Grand Prix
| 05:14pm
China military sets up website to report leaks, fake news
| 03:45pm
Big Tobacco Fumes Over New EU Salvo in Cigarette Smuggling War
| 03:16pm
Subways May Be the Latest Casualty of China's Crackdown on Debt
| 03:09pm
Macau | Edoardo Mortara wins FIA GT Cup - Grand Prix
| 01:46pm
China wants Bangladesh, Myanmar to solve Rohingya crisis bilaterally
| 01:40pm

Foreign exchange reserves reach MOP157.9 bln in July

The MSAR’s foreign exchange reserves amounted to MOP157.9 billion (US$19.62 billion) at the end of July, down 0.8 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM). The foreign exchange reserves in July represented 11 times the currency in circulation, or 89.5 per cent of pataca M2 as […]

The MSAR’s foreign exchange reserves amounted to MOP157.9 billion (US$19.62 billion) at the end of July, down 0.8 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM).
The foreign exchange reserves in July represented 11 times the currency in circulation, or 89.5 per cent of pataca M2 as at the end of May.
The pataca trade-weighted effective exchange rate index, according to AMCM data, dropped 0.84 points when compared to June, also going down by 0.73 points year-on-year, to 105.7 in July.
This suggests that both monthly and yearly, 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

543 POSTS0 COMMENTS
224 POSTS0 COMMENTS
185 POSTS0 COMMENTS
103 POSTS0 COMMENTS