Macau’s financial reserves increased by 2.4 billon patacas.
AMCM
Moody’s Investors Service announced on Wednesday that it maintained Macau’s long-term issuer ratings at “Aa3” and upgraded the rating outlook to “stable” from “negative”.
The Monetary Authority of Macau (AMCM) increased its overnight discount base rate by o.25% of a percentage point to 1.25%, the AMCM said in a statement issued on Thursday.
The financial reserves and other asset values of the Macau Special Administrative Region (MSAR) rose by 2.4 billion patacas to 345 billion patacas last year, the Macau Monetary Authority (AMCM) announced on Wednesday. According to the announcement published in the Official Gazette (BO), the MSAR’s “basic reserves” amounted to 131.88 billion patacas and its “extraordinary […]
Monetary Authority of Macau (AMCM) President Anselmo Teng Lin Seng told lawmakers Tuesday that the government “can invest daringly”, provided that it is aware of the risks involved. Teng made the remark during a Q&A session when responding to an interpellation by lawmaker Si Ka Lon on the transparency of the government’s financial investment strategies. […]