According to statistics released yesterday by the Monetary Authority of Macao (AMCM), broad money supply rebounded in November last year with a stable share of patacas.
The broad money supply indicator (M2) rebounded 1.4% to MOP695.3 billion when compared with the previous month.
Annually, the narrow money supply indicator (M1) dropped 5.3% whereas M2 grew 3.3%.
The shares of MOP, HKD, RMB and USD in M2 were 33.9%, 48.0%, 4.6% and 11.6% respectively.
Meanwhile, resident deposits increased from October 2020 by 1.1% to MOP674.5 billion, while non-resident deposits also registered a similar trend and rose by 1.0% to MOP325.7 billion.
The deposits of residents and non-residents contrast with those from the public sector, which dropped 1.2% to MOP259.1 billion.
Domestic loans to the private sector also reported a drop of 0.7% month-on-month to MOP538.4 billion, while external loans dropped even further by 4.1% to MOP657.5 billion. As a result, total loans to the private sector went down by 2.6% to a total of MOP1,196.0 billion in November last year when compared to October. RM
No Comments