MACAO - The monetary authority of Macao Special Administrative Region recently suggested that Macao SAR's foreign exchange reserves in January 2025 increased by 2.3 percent from December 2024.

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The monetary authority said the preliminary estimate of the reserves amounted to 240.4 billion patacas (about $29.97 billion) at the end of January 2025, compared to 235.0 billion patacas (about $29.39 billion) the previous month.

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The trade-weighted effective exchange rate index for the pataca rose 0.96 points month-on-month and 4.11 points year-on-year to 107.5 in January 2025, implying that overall, the pataca's exchange rate grew against the currencies of Macao's major trading partners.