Foreign exchange reserves and nominal effective exchange rate index for the pataca – October 2019
The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP173.3 billion (USD21.47 billion) at the end of October 2019. The reserves increased by 1.3% from the revised value of MOP171.0 billion (USD21.18 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-October 2019 represented 11 times the currency in circulation or 83.4% of pataca M2 at end-September 2019.
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