Foreign exchange reserves and nominal effective exchange rate index for the pataca – August 2020
The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP189.2 billion (USD23.71 billion) at the end of August 2020. The reserves decreased by 3.0% from the revised value of MOP195.1 billion (USD24.43 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-August 2020 represented 10 times the currency in circulation or 81.7% of pataca M2 at end-July 2020.
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