Macau: The preliminary total amount of foreign exchange reserves as of the end of October is 228.7 billion Macau Patacas.

08:04 15/11/2024

At the end of October 2024, the total amount of foreign exchange assets is roughly equivalent to 11 times the circulation currency in Macau at the end of September 2024, or 88.9% of the Macau yuan portion of the broad money supply (M2).

On November 14, the Monetary Authority of Macau announced that the total foreign exchange reserves of the Macao Special Administrative Region as of the end of October 2024 were preliminarily estimated to be MOP 228.7 billion (USD 28.6 billion), down 0.8% from the revised total of MOP 230.6 billion (USD 28.1 billion) in September 2024. The total foreign exchange reserves at the end of October 2024 were approximately equivalent to 11 times the Macao currency in circulation at the end of September 2024 or 88.9% of the Macau pataca portion in the broad money supply (M2) in September 2024.

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The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.