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Foreign exchange reserves grow 0.3 pct in August
- 2015-09-16
2015/9/16
From:Macau Business
Macau’s foreign exchange reserves grew by 0.3 percent to MOP145 billion (about US$18.13 billion) last month, the Monetary Authority of Macau estimates.
The sum was the equivalent of 13 times the currency in circulation one month earlier.
The authority says the trade-weighted effective exchange rate index of the pataca, a gauge of the value of the currency against the currencies of Macau’s main trading partners, rose by 0.96 point last month to 105.71.
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