The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP209.8 billion (USD26.23 billion) at the end of June 2021. The reserves increased by 0.4% from the revised value of MOP208.8 billion (USD26.12 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-June 2021 represented 11 times the currency in circulation or 85.3% of pataca M2 at end-May 2021.
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The Macao Special Administrative Region (MSAR) Government resolutely supports the Electoral Affairs Commission for the Legislative Assembly Election in refusing – in line with requirements under the Legislative Assembly Election Law – five candidate lists involving 20 individuals, from taking part in the upcoming election.
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Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the second quarter of 2021 dropped by 3.91% year-on-year to 116.93. The decrease was mainly attributable to lower hotel room rates and falling airfares; yet, it was partially offset by rising charges for restaurant services and dearer prices of clothing. Among the various sections of goods and services, price indices of Accommodation (-30.23%) and Transport & Communications (-9.96%) declined year-on-year, whereas the indices of Clothing & Footwear (+5.61%) and Restaurant Services (+4.44%) increased.
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【DST】9th Macao International Travel (Industry) Expo culminated in success
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A four-month mega international cultural and artistic event, “Art Macao: Macao International Art Biennale 2021” will be inaugurated on Thursday (15 July), on the 1^st floor of the Macao Museum of Art, presenting a movable feast of the city. On the occasion, the Main Exhibition themed “Advance and Retreat of Globalization” will also be inaugurated, with three exhibitions, distributed through various areas of the Macao Museum of Art, reflecting on the advances and retreats of globalization through the arts.
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