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Table 10

APPENDICES

(Chapter 4: Financial and Monetary Affairs)

Exchange Rates of the Hong Kong Dollar Against Selected Major Currencies

Effective exchange rate index for the HK dollar(1)° Trade (import and export)-weighted (Jan. 2000 = = 100)

Sterling

-mark

US dollar Deutsche Euro(2) Japanese

yen

Special Drawing Right

End of period

1997 2001

12.85

7.746

4.33

(HK dollar to per unit of foreign currency)

N.A.

11.31

7.797

3.53

6.91

2002

12.51

7.798

N.A (2)

8.17

0.0597 0.0594 0.0657

10.45129

104.9

9.79872

105.9

10.60154

102.0

Notes: (1) New series released since 2 January 2002. The effective exchange rate index for the Hong Kong dollar is derived from the weighted average

of nominal exchange rates of the Hong Kong dollar against 14 major currencies.

(2) Euro was launched on 1 January 1999. As from 1 January 2002, Euro has replaced national currencies of its participating countries

(including Deutsche-mark).

Source: Hong Kong Monetary Authority.

(Enquiry Telephone No.: 2878 8222)

Table 11

(Chapter 4: Financial and Monetary Affairs)

Money Supply

MI@

Hong Kong dollar

Foreign currency

Total

M3 (1)@

Hong Kong dollar (2)

Foreign currency (3)

Total

HK$ Billion

1997

2001

2002

188.1

229.8

259.4

20.0

28.2

36.2

208.1

258.1

295.7

(-4.3)

(+5.8)

(+14.6)

1,684.3

2,016.6

2,004.2

1,187.1

1,577.5

1,557.9

2.871.4

3,594.1

3,562.1

(--)

(-2.7)

(-0.9)

Notes: Figures in brackets refer to percentage changes over the same period of the preceding year.

Figures are revised on a monthly basis to take into account any subsequent amendments submitted by authorised institutions.

(1) As from June 2002, short-term Exchange Fund placements of less than one month are included under time deposits as part of the monetary aggregates. The revised data series are backdated to April 1997. As such, figures of end 1997 cannot be compared directly with those of previous years.

(2) Adjusted to include foreign currency swap deposits.

(3) Adjusted to exclude foreign currency swap deposits.

Source: Hong Kong Monetary Authority.

(Enquiry Telephone No.: 2878 8222)