MACAO, Sept. 3 (Xinhua) -- Macao's broad money supply decreased 0.7 percent month on month to 690.2 billion patacas (about 86.2 billion U.S. dollars) in July with a stable share of patacas, the special administrative region's monetary watchdog said Friday.

According to statistics released by the Monetary Authority of Macao, the currency in circulation rose 0.6 percent whereas demand deposits dropped 0.3 percent. M1 thus edged down by 0.1 percent from one month earlier.

Meanwhile, quasi-monetary liabilities fell 0.8 percent. The sum of these two items, i.e. broad money supply or M2, decreased 0.7 percent to 690.2 billion patacas.

On an annual basis, M1 and M2 dropped 0.7 percent and 2.6 percent, respectively.

The shares of the pataca, the Hong Kong dollar, the renminbi and the U.S. dollar in M2 were 35.1 percent, 49.9 percent, 5.8 percent and 7.5 percent, respectively.

Resident deposits fell 0.7 percent from the preceding month to 670.8 billion patacas whereas non-resident deposits rose 1.6 percent to 365.8 billion patacas.

Meanwhile, public sector deposits with the banking sector dropped 0.6 percent to 265.1 billion patacas.

As a result, total deposits in the banking sector edged down by 0.1 percent from a month earlier to 1,301.7 billion patacas.

Domestic loans to the private sector grew 0.7 percent from a month ago to 557.7 billion patacas, while external loans dropped 6.3 percent to 745.8 billion patacas.

As a result, total loans to the private sector went down by 3.5 percent from a month earlier to 1,303.5 billion patacas.

At the end of July 2021, the loan-to-deposit ratio for the resident sector rose from 58.8 percent at the end of June to 59.6 percent.

Meanwhile, the ratio for both the resident and non-resident sectors decreased from 103.7 percent to 100.1 percent. (1 pataca equals 0.125 U.S. dollar) Enditem

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