Connect with us

Hi, what are you looking for?

Imsilkroad

Macao’s forex reserves rise to 25.85 bln USD at end of April

Abstract : The preliminary estimate of Macao's foreign exchange reserves amounted to 206.7 billion patacas (about 25.85 billion U.S. dollars) at the end of April, the special administrative region's (SAR) monetary watchdog said on Friday.

MACAO, May 14 (Xinhua) — The preliminary estimate of Macao’s foreign exchange reserves amounted to 206.7 billion patacas (about 25.85 billion U.S. dollars) at the end of April, the special administrative region’s (SAR) monetary watchdog said on Friday.

The latest statistics from the Monetary Authority of Macao indicated that the reserves increased by 3.1 percent from the revised value of 200.5 billion patacas (about 25.03 billion U.S. dollars) for the previous month.

Macao’s foreign exchange reserves at the end of April represented 11 times the currency in circulation or 86.6 percent of pataca M2 at the end of March.

The trade-weighted effective exchange rate index for the pataca dropped 0.22 point month on month and 6.44 points year on year to 103.0 in April, implying that overall speaking, the exchange rate of the pataca declined against the currencies of Macao’s major trading partners. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Macao’s forex reserves rise to 25.85 bln USD at end of April

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...