Forex reserves inch up to MOP137.3 bln in April

2015/5/18

From：Macau Business

Macau’s foreign exchange reserves grew by 0.3 per cent in April to MOP137.3 billion (about US$17.2 billion), the Monetary Authority of Macau says.

The authority’s data show the sum was the equivalent of 12 times the broader M2 measure of pataca money supply at the end of March.

The pataca’s trade-weighted effective exchange rate index, which is a gauge of the currency’s value against the currencies of Macau’s main trading partners, fell by 0.34 point in April to 104.85 points.

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