The Monetary Authority of the Macau SAR Government recently announced that as of the end of February this year, the total foreign exchange reserve assets of the Macau SAR were preliminarily estimated to be MOP 243.5 billion (USD 30.22 billion), an increase of 0.7% from the revised total of MOP 241.8 billion (USD 30.08 billion) in January this year. According to statistics, the total amount of foreign exchange assets at the end of February this year was approximately 11 times that of Macau's circulating currency at the end of January this year, or 88.3% of the broad money M2 supply belonging to the Macau dollar. Statistics show that the trade weighted Australian exchange rate index for February this year was 99.4, a decrease of 1.02 points and 7.29 points compared to the same period last month and last year, respectively. Overall, the Macau dollar has experienced a downward trend against the currencies of Macau's major trading partners. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:People's Daily
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