MONEY SUPPLY
2
t
FRIDAY, SEPTEMBER 1, 1989
0.2
[IK$M) . HKSM2 AND HK3M3 GREW BY 0.5 PER CENT, 0.5 PER CENT
RATES RESPECTIVELY IN JULY. PER CENT
THEIR CORRESPONDING CHANGE IN JUNE WERE -0.8 PER CENT, 0.5 PER CENT AND 0 PER CENT.
DURING THE 12 MONTHS ENDING JULY ROSE BY 7.8 PER CENT, 16.8 PER CENT AND
AND
OF
AND HK$M3 1989, HK$M1, HK$M2
+ 15.6 PER CENT RESPECTIVELY.
ADJUSTED TO TAKE ACCOUNT OF SWAP DEPOSITS, HK9M2 AND HK$M3 GREW COMPARED WITH BY 0.9 PER CENT AND 0.6 PER CENT RESPECTIVELY IN JULY.
EARLIER. YEAR
THEY GREW BY 21.7 PER
AND 20.2 CENT
CENT 20.2 PER
RESPECTIVELY.
A
1.3
TOTAL M1, M2 AND M3 GREW BY 0.1 PER CENT, 1.5 PER CENT AND PER CENT RESPECTIVELY IN JULY. THEIR CORRESPONDING RATES OF CHANGE IN JUNE WERE 0.2 PER CENT. -0.8 PER CENT AND -0.8 PER CENT.
OVER THE YEAR, TOTAL M1, M2 AND M3 GREW BY 7.1 PER CENT, PER CENT AND 20.8 PER CENT RESPECTIVELY.
22.1
LOANS AND ADVANCES
TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED FALL OF INSTITUTIONS DECREASED BY 0.4 PER CENT IN JULY. FOLLOWING A
PER CENT IN MAY AND AN INCREASE OF 3.2 PER CENT IN JUNE.
1.7
OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG
GREW DOLLARS
BY 1.6 PER CENT WHILE THOSE DENOMINATED IN FOREIGN CURRENCIES DROPPED BY 2.0 PER CENT.
ΤΟ LOANS
FINANCE VISIBLE TRADE OF HONG KONG FELL BY 0.2 CENT IN JULY, FOLLOWING INCREASES OF 3.0 PER CENT AND 5.0 PER CENT
AND JUNE RESPECTIVELY. MAY
BY OVER THE YEAR, THESE LOANS GREW
PER CENT.
PER
г
IN
26.2
COMPARED JUNE
OTHER LOANS FOR USE IN HONG KONG GREW BY 1.9 PER CENT IN
MAY WITH INCREASES OF 2.0 PER CENT AND 0.2 PER CENT IN RESPECTIVELY, OVER THE YEAR, THESE LOANS GREW BY 35.6 PER CENT.
JULY AND
LOANS
LOANS TO
FOR USE OUTSIDE HONG KONG DECREASED BY 5.4 PER CENT
OF 5.2 JULY, AFTER A DECLINE OF 5.6 PER CENT IN MAY AND AN INCREASE PER
OVER THE YEAR, THESE LOANS GREW BY 14.1 PER CENT IN JUNE.
FINANCE MERCHANDISING TRADE NOT TOUCHING HONG INCREASED BY 3.1 PER CENT IN JULY, AFTER DECREASES OF 21.7 AND 0.8 PER CENT IN MAY AND JUNE RESPECTIVELY. OVER THE YEAR, LOANS GREW BY 74.8 PER CENT.
IN
CENT.
KONG
PER
CENT
THESE
NUMBER OF REPORTING INSTITUTIONS
'THE NUMBERS OF REPORTING LICENSED BANKS AND LICENSED DEPOSIT- WHILE TAKING COMPANIES REMAINED UNCHANGED AT 160 AND 35 RESPECTIVELY, THAT OF REGISTERED DEPOSIT-TAKING COMPANIES DECREASED BY TWO TO 209.
13