25-23  Money Supply
			(100 million MOP (as at end of year))
Items	2000	2001	2002	2003	2004
Money Supply  (M1)	49.5	59.2	63.5	87.9	134.5
Classification 1: MOP	31.8	35.2	39.3	48.7	62.9
HKD	17.0	23.3	23.6	35.3	67.5
Other Currencies	0.7	0.6	0.6	3.8	4.1
Classification 2: Currency in Circulation  (MOP)	17.2	19.0	20.5	23.6	27.8
Demand Deposits	32.3	40.2	43.0	64.3	106.7
Money Supply (M2) ①	849.2	915.5	989.6	1110.9	1209.5
Classification 1: MOP	232.2	261.1	275.4	296.7r	313.8
HKD	445.1	469.1	512.2	594.4	662.1
Other Currencies	171.9	185.4	201.9	219.8r	233.6
Classification 2: Money Supply  (M1) ②	49.5	59.2	63.5	87.9	134.5
Quasi-Monetary Liabilities (QML)③	799.7	856.3	926.1	1023.0	1075.1
Savings Deposits	154.5	193.6	230.7	349.2	427.1
Notice Deposits	7.7	8.4	9.3	12.3	12.6
Time Deposits	637.5	654.3	686.0	661.5	635.4
Notes: Pataca (MOP) is the legal tender in the Macao Special Administrative Region, as stated in "The Basic Law of the Macao Special
Administrative Region of the People's Republic of China".
① M2 = M1 + Quasi-Monetary Liabilities (QML)
② Starting from January 2001, the definition of M1 has been revised. Saving Deposits are reclassified as component of the
Quasi-Monetary Liabilities (QML); while M1 includes only Currency in Circulation and Demand Deposits.
③ QML: Quasi-Monetary Liabilities, which consist of savings deposits, notice deposits, time deposits and certificate of deposits.