ENG-1996 — Page 560

APPENDICES

APPENDIX 16

(Chapter 6: Financial and Monetary Affairs)

Money Supply (1)

$ Million

As at end of year

1994

1995

1996

Money Supply (definition 1)

HK$

167,922

171,642

198,690

Foreign Currency

17,412

18,830

19,149

Total

185,334

190,471

217,840

Money Supply (definition 2)

HK$ (2)

1,094,715

1,260,427

1,503,728

Foreign Currency (3)

893,760

1,005,674

1,003,564

Total

1,988,475

2,266,101

2,507,292

Money Supply (definition 3)

HK$ (2)

1,112,146

1,278,288

1,520,586

Foreign Currency (3)

954,808

1,068,927

1,066,107

Total

2,066,954

2,347,215

2,586,692

%

Growth rate during the year

1994

1995

1996

Money Supply (definition 1)

HK$

-0.3

Foreign Currency

-9.2

Overall

-1.2

2222222

15.8

8.1

1.7

2.8

14.4

Money Supply (definition 2)

HK$ (2)

18.7

15.1

19.3

Foreign Currency (3)

6.6

12.5

-0.2

Overall

12.9

14.0

10.6

Money Supply (definition 3)

HK$ (2)

Foreign Currency (3)

18.4

14.9

19.0

8.5

12.0

-0.3

Overall

13.6

13.6

10.2

Notes: (1) Figures are subject to revisions.

(2) Figures are adjusted to include foreign currency swap deposits. (3) Figures are adjusted to exclude foreign currency swap deposits. Source: Hong Kong Monetary Authority.

452