APPENDICES
APPENDIX 15
(Chapter 6: Financial and Monetary Affairs)
Money Supply
$ Million
As at end of:
1992
-
1993
1994
Money Supply
M1 HK$
139,479
168,440
167,922
Foreign Currency
16,078
19,168
17,415
Total
155,557
187,608
185,337
M2 HK$*
726,992
922,417
1,094,754
Foreign Currency†
791,785
839,452
899,073
Total
1,518,777
1,761,870
1,993,828
M3 HK$*
750,276
939,491
1,111,779
Foreign Currency+
823,989
881,071
961,696
Total
1,574,265
1,820,562
2,073,475
Growth rate during the year (%)
1992
1993
1994
Money Supply
MI HK$
24.8
20.8
-0.3
Foreign Currency
-3.9
19.2
-9.1
Total
21.1
20.6
-1.2
M2 HK$*
14.3
26.9
18.7
Foreign Currency† Total
7.7
6.0
7.1
10.8
16.0
13.2
M3 HK$*
Foreign Currency† Total
* Adjusted to include foreign currency swap deposits
† Adjusted to exclude foreign currency swap deposits
13.7
25.2
18.3
6.0
6.9
9.2
9.5
15.6
13.9
487
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