The financial reserves of the Macao Special Administrative Region (MSAR) stood at MOP 620.1 billion (US$77.7 billion) at the end of November last year.
AMCM
The Macao government to launch new integrated payment machine “Simple Pay” in the first quarter of the year.
Macao’s foreign exchange reserves amounted to MOP 187.60 billion (US$23.50 billion) at the end of October 2020, according to preliminary data released by the Monetary Authority of Macao (AMCM) on Monday.
Bank of China, Limited (BOC) and Banco Nacional Ultramarino, SA (BNU) will both remain the issuers of the Macao currency until 2030, based under new agency contracts for the issuance of banknotes that had been signed today.
Macao’s preliminary balance of payments (BOP) for last year recorded a surplus of MOP 12.1 billion.
The government’s total current revenue fell 61.9% year-on-year to MOP 28.53 billion in the first seven months of this year, the Financial Services Bureau (DSF) announced on Wednesday.
Macao’s broad money supply rose 3.7% month-on-month in June with a stable share of patacas, the Macao Monetary Authority (AMCM) said in a statement on Tuesday.
The Monetary Authority of Macao (AMCM) announced on Wednesday that it has fined a local jewellery shop MOP 400,000 for illegal currency exchange activities.
Macao’s foreign exchange reserves amounted to MOP 183.3 billion (US$22.95 billion) at the end of last month, the Monetary Authority of Macao (AMCM) said in a statement on Monday.