APPENDICES
APPENDIX 19
(Chapter 5: Financial and Monetary Affairs)
Money Supply (1)
$ Million
As at end of year
1998
1999
2000
Money supply (definition 1)
HK$
178,260
205,339
203,966
Foreign currency
(2)
19,406
19,818
39,881
Total
197,666
225,156
243,847
Money supply (definition 2)
HK$ (3)
1,814,100
1,910,972
1,984,756
Foreign currency
(2), (4)
1,251,989
1,402,562
1,620,457
Total
3,066,089
3,313,534
3,605,213
Money supply (definition 3)
HK$ (3)
1,826.233
1,922,962
1,999,152
Foreign currency
(2), (4)
1,296.112
1,438,843
1,649,322
Total
3,122,345
3,361,805
3,648,473
%
Growth rate during the year
1998
1999
2000
Money supply (definition 1)
HK$
-5.2
15.2
-0.7
Foreign currency
(2)
-2.8
2.1
101.2
Overall
-5.0
13.9
8.3
Money supply (definition 2)
HK$ (3)
9.8
5.3
3.9
Foreign currency (2). (4)
14.8
12.0
15.5
Overall
11.8
8.1
8.8
Money supply (definition 3)
HK$ (3)
Foreign currency Overall
(2), (4)
9.3
5.3
4.0
12.2
11.0
14.6
10.5
7.7
8.5
486
Notes: (1) Figures represent the position as at end of March 2001 and are subject to revisions.
(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 8222)