Macao, May 5 (Xinhua) - The wide monetary supply of Macao increased 0.5 percent month by month to 699.4 billion patacas (around 87.4 thousand Millions of US dollars) In March with a stable participation of Patacas, the monetary guard of the Special Administrative Region said on Wednesday.

According to the statistics published by the Monetary Authority of Macao, the currency in the deposits of circulation and demand decreased by 4.0 percent and 1.5 percent respectively. M1 This fell 2.1 percent of a previous month.

Meanwhile, the monetary liabilities increased by 0.8 percent. The sum of these two elements, a wide range of money or M2, increased 0.5 percent to 699.4 billion patacas.

Annually, M1 fell 4.3 percent while M2 grew 3.0 percentage.

Patacy actions, Hong Kong Dollar, Renminbi and US Dollar in M2 were 34.1 percent, 50.1 percent, 5.4 percent and 8.7 percent, respectively .

Resident deposits grew 0.6 percent over the month prior to 680.5 billion patacas, while non-resident deposits increased a 2, 8 percent to 354.3 billion patacas.

Meanwhile, public sector deposits with the banking sector fell 0.4 percent to 264.1 billion patacas.

As a result, total deposits increased in the banking sector increased. at 1.0 percent from one month prior to 1.298.8 billion patacas.

National loans to the private sector increased 0.8 percent from month to 540.2 billion patacas, while external loans also grew 5.0 percent to 705.7 one billion patacas.

As a result, total loans to the private sector increased 3.1 percent from one month before 1,245.9 billion patches.

At the end of March 2021, the loan to deposit ratio for the resident sector increased from 56.9 percent by the end of February to 57.2 percent. Meanwhile, the proportion for resident and non-resident sectors increased from 93.9 percent to 95.9 percent. (1 Patacy is equal to 0.1250 United States Dollar) Enditem follows on Twitter and Facebook to join the conversation.Chinanews app Download

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