ENG-2007 — Page 533

Table 10

Appendices ❘ 457

(Chapter 4: Financial and Monetary Affairs)

Exchange Rates of the Hong Kong Dollar Against Selected Major Currencies

Sterling

US dollar

Euro(2)

Japanese

yen

Special Drawing Right

End of period 2002 2006

(HK dollar to per unit of foreign currency)

12.51

7.798

8.17

0.0657

10.60154

15.22

2007

15.59

7.775 7.802

10.26

0.0654

11.69521

11.49

0.0697

12.32911

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

102.0 94.3

88.6

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.

Source: Hong Kong Monetary Authority.

(Enquiry Telephone No.: 2878 8222)

Table 11

(Chapter 4: Financial and Monetary Affairs)

Money Supply

M1

Hong Kong dollar

Foreign currency

Total

M3 (1)

Hong Kong dollar (2)

Foreign currency (3)

Total

HK$ Billion

2002

2006

2007

259.4

387.9

454.4

36.2

103.7

162.4

295.7

491.7

616.7

(+14.6)

(+13.1)

(+25.4)

2,004.2

2,795.7

3,300.8

1,557.6

2,294.2

2,839.3

3,561.9

5,089.9

6,140.1

(-0.9)

(+15.5)

(+20.6)

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.

(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)