APPENDICES
APPENDIX 18
(Chapter 6: Financial and Monetary Affairs)
Money Supply (1)
$ Million
As at end of year
1995
1996
1997
Money Supply (definition 1)
HK$
171,642
198,311
188.142
Foreign Currency(2)
18,830
19,149
19,958
Total
190,471
217,460
208,100
Money Supply (definition 2)
HK$ (3)
1,260,427
1,503,603
1,652,816
Foreign Currency (2), (4)
1,022,422
1,028,633
1,091,774
Total
2,282,849
2,532,236
2,744,590
Money Supply (definition 3)
HK$ (3)
1,278,288
1,520,461
1,670,536
Foreign Currency (2), (4)
1,085,675
1,091,176
1,156,484
Total
2,363,963
2,611,636
2,827,020
%
Growth rate during the year
1995
1996
1997
Money Supply (definition 1)
HK$
Foreign Currency(2)
8.1
Overall
2288
2.2
15.5
-5.1
1.7
4.2
2.8
14.2
-4.3
Money Supply (definition 2)
HK$ (3)
15.1
19.3
9.9
Foreign Currency (2), (4)
13.9
0.6
6.1
Overall
14.6
10.9
8.4
Money Supply (definition 3)
HK$ (3)
Foreign Currency (2), (4)
Overall
Notes: (1) Figures are subject to revisions.
14.9
18.9
9.9
13.2
0.5
6.0
14.2
10.5
8.2
(2) Hong Kong dollar is the legal tender in the Hong Kong Special Administrative Region, as stated in 'The Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China'. Foreign currency refers to any currency other than the Hong Kong currency. Accordingly Chinese Renminbi is also treated as foreign currency.
(3) Figures are adjusted to include foreign currency swap deposits.
(4) Figures are adjusted to exclude foreign currency swap deposits.
Source: Hong Kong Monetary Authority.
(Enquiry Telephone No.: 2878 1664)
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