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Foreign exchange reserves and nominal effective exchange rate index for the pataca – November 2019
The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP170.9 billion (USD21.20 billion) at the end of November 2019. The reserves decreased by 1.4% from the revised value of MOP173.3 billion (USD21.47 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-November 2019 represented 10 times the currency in circulation or 82.3% of pataca M2 at end-October 2019.
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CE encourages public officials to make fresh contributions to Macao
The Chief Executive, Mr Chui Sai On, today called on the civil servant team to render full support to the new administration led by the fifth-term Chief Executive, Mr Ho Iat Seng, and make new contributions to the sustainable development of Macao.
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