ENG-2001 — Page 583

APPENDICES

APPENDIX 19

(Chapter 5: Financial and Monetary Affairs)

Money Supply (1)

$ Million

As at end of year

1999

2000

2001

Money supply (definition 1)

HK$

205,339

203,966

229,999

Foreign currency

(2)

19,818

39,881

28,215

Total

225,156

243.847

258,215

Money supply (definition 2)

HK$ (3)

1,910,972

1,984,628

1,995,046

Foreign currency

(2), (4)

1,402,562

1,619,621

1,505,870

Total

3,313,534

3,604,250

3,500,915

Money supply (definition 3)

HK$ (3)

1,922,962

1,999,024

2,012,906

Foreign currency (2), (4)

1,438,843

1,648,486

1,532,078

Total

3,361,805

3,647,510

3,544,985

%

Growth rate during the year

1999

2000

2001

Money supply (definition 1)

HK$

15.2

-0.7

12.8

Foreign currency

(2)

2.1

101.2

-29.3

Overall

13.9

8.3

5.9

Money supply (definition 2)

HK$ (3)

5.3

3.9

0.5

Foreign currency

(2), (4)

12.0

15.5

-7.0

Overall

8.1

8.8

-2.9

Money supply (definition 3)

HKS (3)

5.3

4.0

0.7

Foreign currency

(2), (4)

11.0

14.6

-7.1

Overall

7.7

8.5

-2.8

Notes: (1) Figures represent the position as at end of March 2002 and are subject to revision.

(2) Hong Kong dollar is the legal tender in the Hong Kong Special Administrative Region, as stated in 'The Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China'. Foreign currency refers to any currency other than the Hong Kong currency. Accordingly Chinese Renminbi is also treated as foreign currency.

(3) Figures are adjusted to include foreign currency swap deposits.

(4) Figures are adjusted to exclude foreign currency swap deposits.

Source: Hong Kong Monetary Authority.

(Enquiry Telephone No.: 2878 8222)

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