MONEY SUPPLY
I
2
SATURDAY, JANUARY 5, 1991
HK$M1 AND RESPECTIVELY IN
HK$M2 ROSE BY 3.0 PER CENT AND 0.1 PER CENT NOVEMBER WHILE HK$M3 RECORDED ZERO GROWTH. THEIR CORRESPONDING GROWTH RATES IN OCTOBER WERE 2.5 PER CENT, -0.7 PER CENT AND -0.5 PER CENT.
FOR
THESE
MONETARY
THE 12 MONTHS ENDING NOVEMBER, AGGREGATES ROSE BY 7.9 PER CENT, 16.1 PER CENT AND 15.2 PER CENT RESPECTIVELY.
0.9
TOTAL M1, M2 AND M3 ROSE BY 2.2 PER CENT, 0.8 PER CENT AND PER CENT RESPECTIVELY IN NOVEMBER. THEIR CORRESPONDING GROWTH RATES IN OCTOBER WERE 1.4 PER CENT, 2.2 PER CENT AND 1.8 PER CENT.
OVER THE YEAR, TOTAL M1, M2 AND M3 GREW BY 12.3 PER CENT, PER CENT AND 22.3 PER CENT RESPECTIVELY.
23.3
LOANS AND ADVANCES
TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 2.0 PER CENT IN NOVEMBER, FOLLOWING INCREASES OF 4.0 PER CENT AND 4.2 PER CENT IN SEPTEMBER AND OCTOBER RESPECTIVELY."
OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLARS GREW BY 1.6 PER CENT DURING NOVEMBER, WHILE THOSE DENOMINATED IN FOREIGN CURRENCIES ROSE BY 2.2 PER CENT. OVER THE YEAR, THESE LOANS GREW BY 15.8 PER CENT AND 71.2 PER CENT RESPECTIVELY.
LOANS TO FINANCE VISIBLE TRADE OF HONG KONG INCREASED BY 2.1 PER CENT IN NOVEMBER, FOLLOWING AN INCREASE OF 4.0 PER CENT IN SEPTEMBER AND A DECLINE OF 0.5 PER CENT IN OCTOBER. OVER THE YEAR, THESE LOANS GREW BY 12.8 PER CENT.
OTHER LOANS FOR USE IN HONG KONG GREW BY 2.0 PER CENT IN NOVEMBER FOLLOWING INCREASES OF 0.1 PER CENT AND 2.1 PER CENT IN SEPTEMBER AND OCTOBER RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 18.7 PER CENT.
LOANS FOR USE OUTSIDE HONG KONG ROSE BY 1.4 PER CENT IN NOVEMBER, AFTER INCREASES OF 8.3 PER CENT AND 5. 0 PER CENT IN SEPTEMBER AND OCTOBER RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY
.9 PER CENT.
84
LOANS ΤΟ
FINANCE MERCHANDISING TRADE NOT TOUCHING HONG KONG DECLINED BY 2.5 PER CENT IN NOVEMBER, AFTER A DECREASE OF 6.1 PER CENT IN SEPTEMBER AND AN INCREASE OF 7.2 PER CENT IN OCTOBER. OVER THE YEAR, THESE LOANS DECREASED BY 5.4 PER CENT.
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