XN000022-1994-12-15 — Page 24

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It is worth noting that while the weather and climate always affect the concentrations of pollutants in the air, the only sure way of reducing the levels is to reduce emissions from man-made sources.

For further information on this air quality report, please contact Mr Raymond Leung on telephone 594 6401.

End/Thursday, December 15, 1994

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

1,389

0930

- 36

Closing balance in the account

2,484

1000

-36

Change attributable to:

1100

-36

Money market activity

+1,185

1200

+36

LAF today

-90

1500

+498

1600

+1,185

LAF rate 3.75% bid/5.75% offer TWI 121.8 *+0.0* 15.12.94