MACAO, Dec. 14 (Xinhua) -- The preliminary estimate of Macao's foreign exchange reserves stood at 207.2 billion patacas (about 25.74 billion U.S. d
MACAO, Dec. 14 (Xinhua) — The preliminary estimate of Macao’s foreign exchange reserves stood at 207.2 billion patacas (about 25.74 billion U.S. dollars) at the end of November, the Macao Special Administrative Region’s monetary watchdog said on Wednesday.
The latest statistics from the Monetary Authority of Macao indicated that the reserves decreased by 1.1 percent from the revised value of 209.6 billion patacas (about 25.92 billion dollars) for the previous month.
The trade-weighted effective exchange rate index for the pataca fell 1.55 points month-on-month, but rose 9.24 points year-on-year to 113.0 in November. ■
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