The Government would take all measures necessary to maintain stability and smooth operation of the local financial system. The Government expected its investments of financial reserves would gain positive yearly returns despite the temporary loss in stock markets caused by the volatility of external markets recently. The market fluctuation, however, brought limited impact to local banking system, since there was more than 50 billion of floating capital in Macao as of 24 August, and the currency and interest rates market remained steady during the period. Moreover, the Government only invested 41.3 billion patacas into stock markets, which accounts to around 11.8 per cent of the overall investment portfolio. The Government would continue to closely monitor foreign markets and local banking system as to ensure the stability of the economy. Residents are urged to pay extra attention to risk management when investing in stock markets.
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