XN000022-1992-01-03 — Page 6

FRIDAY, JANUARY 3, 1992

5

MONETARY STATISTICS FOR NOVEMBER 1991

HONG

KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS

ΤΟ STATISTICS PUBLISHED

INCREASED DURING NOVEMBER, ACCORDING (FRIDAY) BY THE MONETARY AFFAIRS BRANCH.

TODAY

DOLLAR MONEY SUPPLY ON DOLLAR LOANS

ALL

AND

CONSISTENT WITH THIS, HONG KONG

ROSE DURING DEFINITIONS

THE MONTH. HONG KONG ADVANCES ALSO RECORDED AN INCREASE IN NOVEMBER.

DEPOSITS

HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS,

FOLLOWING ADJUSTED TO INCLUDE SWAP DEPOSITS, GREW BY 2.4% IN NOVEMBER INCREASES OF 2.9% AND 0.5% IN SEPTEMBER AND OCTOBER RESPECTIVELY.

OF THESE DEPOSITS, DEMAND, SAVINGS AND TIME DEPOSITS ROSE RESPECTIVELY BY 0.6%, 5.4% AND 0.6% IN NOVEMBER. COMPARED WITH A AGO, TOTAL HONG KONG DOLLAR DEPOSITS GREW BY 16.3%.

YEAR

CURRENCY FOREIGN

DEPOSITS WITH AUTHORISED INSTITUTIONS -.

0.4% AND 1.8% INCREASED BY 0.7% IN NOVEMBER, FOLLOWING INCREASES OF RESPECTIVELY IN SEPTEMBER AND OCTOBER.

DOLLAR OVER THE

AMONG THESE DEPOSITS, U.S. DOLLAR DEPOSITS AND NON-U.S.

RESPECTIVELY IN NOVEMBER. DEPOSITS ROSE BY 0.3% AND 0.9% YEAR, TOTAL FOREIGN CURRENCY DEPOSITS INCREASED BY 6.8%.

DEPOSITS OF

ALL

LICENSED RESPECTIVELY

DURING NOVEMBER,

WITH CURRENCIES BANKS AND RESTRICTED LICENCE BANKS ROSE BY 1.4% AND 3.5% WHILE DEPOSITS WITH DEPOSIT-TAKING COMPANIES DECLINED BY 2.0%.

COMPARED WITH A YEAR

EARLIER, DEPOSITS WITH LICENSED BANKS LICENCE BANKS AND INCREASED BY 12.5% WHILE DEPOSITS WITH RESTRICTED DEPOSIT TAKING COMPANIES FELL BY 5.6% AND 26.3% RESPECTIVELY.

MONEY SUPPLY

HK$M1, HK$M2

AND

HK 9M3

INCREASED BY

1.6%, 2.4% AND RESPECTIVELY IN NOVEMBER, COMPARED WITH CORRESPONDING RATES OF +0.6% AND +0.4% IN OCTOBER.

OVER THE YEAR, THESE MONETARY AGGREGATES ROSE BY AND 15.9% RESPECTIVELY.

TOTAL

AND

2.3% -0.4%,

18.8%,

18.0%

1.4% -1.3%.

AND M3

GREW

M1,

M3 M2

INCREASED BY

1.4% AND 1.8%, RESPECTIVELY IN NOVEMBER, COMPARED WITH CORRESPONDING RATES OF +1.3% AND +1.1% IN OCTOBER. OVER THE YEAR, TOTAL M1, M2 BY 19.0%, 12.3% AND 10.8% RESPECTIVELY.

/LOANS AND