THURSDAY, APRIL 1, 1993
MONETARY STATISTICS FOR FEBRUARY 1993 * * * * * *
THE
IN
BY
THE
HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS AND
DEFINITIONS
SUPPLY OF HONG KONG DOLLAR MONEY BROADER
INCREASED FEBRUARY, ACCORDING TO STATISTICS PUBLISHED TODAY (THURSDAY) HONG KONG MONETARY AUTHORITY.
HONG KONG DOLLAR LOANS AND ADVANCES ALSO INCREASED DURING
THE
MONTH.
LEGAL TENDER NOTES AND COINS
INFLUENCED
OF
TO THE BY THE HIGH COMPARISON BASE IN JANUARY DUE
THE NON-BANK CHINESE NEW YEAR, LEGAL TENDER NOTES AND COINS HELD BY PUBLIC DECREASED
INCREASES BY 10.5% IN FEBRUARY 1993, FOLLOWING IN 5.5% AND 17.2%
DECEMBER 1992 AND
1993 JANUARY
RESPECTIVELY. COMPARED WITH A YEAR EARLIER, THEY INCREASED BY 17.9%.
DEPOSITS
HONG KONG DOLLAR DEPOSITS WITH
ΤΟ
AUTHORISED
IN
INSTITUTIONS,
FEBRUARY
1993
1993
ADJUSTED
INCLUDE SWAP DEPOSITS, ROSE BY 1.2% FOLLOWING INCREASES OF 1.6% AND 1.3% IN DECEMBER 1992 AND JANUARY RESPECTIVELY.
4%
WHILE
AND
0.9%
BY
BY TIME DEPOSITS INCREASED
BY 4.6% SAVINGS DEPOSITS DECREASED RESPECTIVELY. YBAR-ON-YEAR, TOTAL HONG KONG DOLLAR DEPOSITS GREW
AMONG
THESE
DEPOSITS,
DEMAND
DEPOSITS
AND
17.5%.
3.8%
FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS INCREASED BY 0.1% IN FEBRUARY 1993, AFTER INCREASES OF 0.5% AND IN DECEMBER 1992 AND JANUARY 1993 RESPECTIVELY.
WHILE YEAR-ON-
OF THESE DEPOSITS, U.S. DOLLAR DEPOSITS DECLINED BY 0.6% NON-U.S. DOLLAR FOREIGN CURRENCY DEPOSITS INCREASED BY 0.9%. YEAR, TOTAL FOREIGN CURRENCY DEPOSITS GREW BY 8.8%.
1993, FEBRUARY
LICENSED
BANKS
WITH DEPOSITS IN ALL CURRENCIES INCREASED BY 0.7% WHILE DEPOSITS WITH RESTRICTED LICENCE
0.5% RESPECTIVELY. DEPOSIT-TAKING COMPANIES DROPPED BY 2.6% AND
IN
BANKS AND
YEAR-ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 13.6% DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING DECLINED BY 7.2% AND 17.2% RESPECTIVELY.
WHILE
COMPANIES
/MONEY SUPPLY