XN000022-1988-03-28 — Page 3

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MONDAY, MARCH 28, 1988

AMONG THESE DEPOSITS, U.S. DOLLAR DEPOSITS AND NON-U.S. DOLLAR DEPOSITS RECORDED THE SAME GROWTH RATE IN FEBRUARY, OF 0.9 PER CENT.

OVER

YEAR, THE

TOTAL FOREIGN

DEPOSITS CURRENCY

ROST

BY

21.3 PER CENT.

FOREIGN CURRENCY SWAP DEPOSITS INCREASED BY 13.

CENT AND 24.1 PER FEBRUARY, AFTER DECLINES OF DECEMBER 1987 AND JANUARY 1988 RESPECTIVELY.

8 PER CENT IN IN 25.1 PER CENT

ADJUSTED TO INCLUDE THESE DEPOSITS, HONG KONG

GROWTH

FEBRUARY.

IN

OVER

THE

YEAR,

RECORDED ZERO

19.2 PER CENT.

ON THE OTHER

HAND, FOREIGN

DOLLAR THEY

DEPOSITS GREW

BY

DEPOSITS, CURRENCY

EXCLUDE SWAP DEPOSITS, INCREASED BY 0.3 PER CENT IN 26 PER CENT OVER THE YEAR.

ADJUSTED FEBRUARY AND BY

TO

CENT

DEPOSITS (ALL CURRENCIES) WITH BANKS INCREASED BY 0.3 PER

COMPANIES DECREASED BY

IN FEBRUARY WHILE THOSE WITH 1.3 PER CENT.

DEPOSIT-TAKING

DURING

THE 12

MONTHS ENDING FEBRUARY

THE 1988,

FORMER

INCREASED BY 25.2 PER CENT WHILE THE LATTER DROPPED BY 1.3 PER CENT.

MONEY SUPPLY

PER CENT AND HK$M1, HK$M2 AND HK$M3 ROSE BY 1.4 PER CENT, 0.8

COMPARED FEBRUARY,

WITH CORRESPONDING 0.6 PER CENT RESPECTIVELY IN INCREASES OF 3.2 PER CENT, 4.7 PER CENT AND 3.1 PER CENT IN JANUARY.

DURING THE 12 MONTHS ENDING FEBRUARY, HK$M1, M2 AND M3 GREW 41.9 PER CENT, 30.5 PER CENT AND 26.1 PER CENT RESPECTIVELY.

BY

HKSM3 BY

SWAP DEPOSITS, HK$M2 AND ADJUSTED TO TAKE ACCOUNT OF GREW BY 1.4 PER CENT AND 1.2 PER CENT RESPECTIVELY IN FEBRUARY AND 24.7 PER CENT AND 21.2 PER CENT RESPECTIVELY OVER THE YEAR.

CENT, 0.9 PER CENT AND TOTAL M1, M2 AND M3 GREW BY 1.9 PER

COMPARED FEBRUARY,

WITH CORRESPONDING

0.7 PER CENT RESPECTIVELY IN RATES OF 4.2 PER CENT, 0.7 PER CENT AND -0.5 PER CENT IN JANUARY.

DURING

THE 12

46.2 PER CENT,

TOTAL

MONTHS

M2 BY

ENDING 26.1

PER

FEBRUARY, TOTAL M1 CENT AND TOTAL

GREW M3

BY

BY

23.1 PER CENT.

/LOANS AND ADVANCES