Monetary Authority of Macao released statistics on Wednesday that showed broad money supply continuing to fall in July.
Monetary Authority of Macao
Macau’s discount window base rate has been lowered by 25 basis points to 2.5%
Credit ratings agency Moody’s Investors Service has issued Macau with a strong “Aa3 stable” rating, citing the absence of government debt and fiscal surpluses as factors supporting the build-up of large fiscal reserves.
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.