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SATURDAY, JANUARY 2, 1988
AS THE INCREASE IN
DECLINE IN HONG KONG DOLLAR DEFINITIONS INCREASED IN NOVEMBER, WERE SLOWER THAN IN OCTOBER.
CURRENCY FOREIGN
MONEY TOTAL DEPOSITS,
THE ALTHOUGH
DEPOSITS OFFSET
THE
SUPPLY ON ALL RATES OF INCREASE
TOTAL MI GREW BY 0.3 PER INCREASE OF 6.1 PER CENT IN OCTOBER.
CENT IN
NOVEMBER COMPARED WITH AN
-
INCREASED BY 1.3 PER TOTAL M2 AND TOTAL M3, ON THE OTHER HAND,
NOVEMBER,
WITH IN
COMPARED AND
RESPECTIVELY 1 PER CENT CORRESPONDING INCREASES OF 3 PER CENT AND 3.5 PER CENT IN OCTOBER.
CENT
OVER THE YEAR, TOTAL M1 GREW BY 38.4 28.7 PER CENT AND TOTAL M3 BY 26.4 PER CENT,
PER CENT, TOTAL
M2
BY
LOANS AND ADVANCES
EXTENDED BY BANKS ADVANCES 4.6 PER CENT IN NOVEMBER,
AND AFTER
TOTAL OUTSTANDING LOANS AND DEPOSIT-TAKING COMPANIES GREW BY INCREASES OF 4 PER CENT IN SEPTEMBER AND 2 PER CENT IN OCTOBER,
1 PER
WHILE LOANS DENOMINATED IN HONG KONG DOLLAR DECLINED BY CENT, THOSE DENOMINATED IN FOREIGN CURRENCIES GREW BY 9.1 PER CENT.
TYPES OF LOANS WERE
THE CORRESPONDING INCREASES FOR THE TWO 1.3 PER CENT AND 2.5 PER CENT IN OCTOBER.
CENT LOANS TO FINANCE VISIBLE TRADE OF HONG KONG ROSE BY 1 PER
IN OCTOBER; OVER THE IN NOVEMBER AFTER AN INCREASE OF 1.9 PER CENT YEAR THESE LOANS GREW BY 25.2 PER CENT.
PER GROWTH IN OTHER LOANS FOR USE IN HONG KONG DECLINED BY 0.2
PER CENT IN THE PREVIOUS CENT IN NOVEMBER, AFTER AN INCREASE OF 2 MONTH.
OVER THE YEAR, THESE LOANS GREW BY 30.4 PER CENT.
KONG
GREW
LOANS FOR USE OUTSIDE HONG NOVEMBER WHILE LOANS WHERE THE PLACE OF USE IS PER CENT.
NUMBER OF REPORTING INSTITUTIONS
BY
11.8 UNKNOWN
PER
CENT ROSE BY 5.3
IN
NUMBER THE
DEPOSIT-TAKING
REPORTING OF COMPANIES REMAINED
LICENSED
UNCHANGED
BANKS
AT
AND 154
LICENSED
AND
35
RESPECTIVELY,
WHILE THAT OF
REPORTING
REGISTERED
DEPOSIT-TAKING
COMPANIES DECREASED BY ONE TO 236.
15
J