The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP131.8 billion (USD16.51 billion) at the end of November 2012. The reserves fell by 1.5% or MOP2.0 billion from the revised value of MOP133.9 billion (USD16.77 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-November 2012 represented 19 times the currency in circulation or 146.9% of Pataca M2 at end-October 2012.

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, rose by 0.22 points month-to-month and 0.95 points year-on-year to 97.29 in November 2012.

For enquiry, please contact:

Research and Statistics Department, Monetary Authority of Macao (Tel: 83952532; Fax: 28353042)