(Chapter 4: Financial and Monetary
Affairs)
Money Supply |
HK$ Billion |
|
|
|
1998 |
|
2002 |
|
2003 |
|
|
|
|
|
|
|
|
|
M1@ |
|
|
|
|
|
|
|
Hong Kong dollar |
178.3 |
|
259.4 |
|
354.7 |
|
|
Foreign currency |
19.4 |
|
36.2 |
|
58.7 |
|
|
|
|
|
|
|
|
|
|
Total |
197.7 |
|
295.7 |
|
413.4 |
|
|
|
|
|
|
|
|
|
|
|
(-5.2) |
|
(+14.6) |
|
(+39.8) |
|
|
|
|
|
|
|
|
|
M3(1)@ |
|
|
|
|
|
|
|
Hong Kong dollar(2) |
1,840.8 |
|
2,004.2 |
|
2,122.8 |
|
|
Foreign currency(3) |
1,327.4 |
|
1,557.9 |
|
1,734.6 |
|
|
|
|
|
|
|
|
|
|
Total |
3,168.2 |
|
3,561.9 |
|
3,857.5 |
|
|
|
|
|
|
|
|
|
|
|
(+10.3) |
|
(-0.9) |
|
(+8.3) |
|
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) |
|