APPENDICES
APPENDIX 19
(Chapter 5: Financial and Monetary Affairs)
Money Supply (1)
$ Million
As at end of year
1999
2000
2001
Money supply (definition 1)
HK$
205,339
203,966
229,999
Foreign currency
(2)
19,818
39,881
28,215
Total
225,156
243.847
258,215
Money supply (definition 2)
HK$ (3)
1,910,972
1,984,628
1,995,046
Foreign currency
(2), (4)
1,402,562
1,619,621
1,505,870
Total
3,313,534
3,604,250
3,500,915
Money supply (definition 3)
HK$ (3)
1,922,962
1,999,024
2,012,906
Foreign currency (2), (4)
1,438,843
1,648,486
1,532,078
Total
3,361,805
3,647,510
3,544,985
%
Growth rate during the year
1999
2000
2001
Money supply (definition 1)
HK$
15.2
-0.7
12.8
Foreign currency
(2)
2.1
101.2
-29.3
Overall
13.9
8.3
5.9
Money supply (definition 2)
HK$ (3)
5.3
3.9
0.5
Foreign currency
(2), (4)
12.0
15.5
-7.0
Overall
8.1
8.8
-2.9
Money supply (definition 3)
HKS (3)
5.3
4.0
0.7
Foreign currency
(2), (4)
11.0
14.6
-7.1
Overall
7.7
8.5
-2.8
Notes: (1) Figures represent the position as at end of March 2002 and are subject to revision.
(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)
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