Foreign Exchange Reserves and Nominal Effective Exchange Rate Index for the Pataca November 2009

The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP145.8 billion (USD18.26 billion) at the end of November 2009. The reserves rose by 2.5% from the revised value of MOP142.2 billion (USD17.81 billion) for the previous month. When compared with the same period last year, the reserves increased by MOP19.3 billion or 15.3%. Macao SAR’s foreign exchange reserves at end-November 2009 represented 31 times the currency in circulation or 246.5% of Pataca M2 at end-October 2009. The trade-weighted effective exchange rate index for the pataca, a gauge of the domestic currency’s exchange rates against the currencies of Macao’s major trading partners, fell by 0.31 points month-to-month and 4.17 points year-on-year to 88.79 in November 2009. For enquiry, please contact:
Research and Statistics Department, Monetary Authority of Macao (Tel: 83952532; Fax: 28353042) 發放日期 / Data de divulgação / Release Date: 30/12/2009

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