ECONOMIC INFORMATION: MONEY EXCHANGE RATES AND COMMODITY PRICES, MACAO

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R000200490008-2
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 1
• Document Creation Date: December 14, 2016
• Document Release Date: March 14, 2003
• Sequence Number: 8
• Publication Date: January 9, 1947
• Content Type: IR

IA-RDP82-00457R00020049000,e-2
INTELLIGENCE REPORT
SUBJECT conomic Imf ox*j .t z on Morey Fxc nge Rates rand,
Co: odity Prices,, M&c&
OR GI
25X!`I~f~.N
DATE:
o 'NEFa.
25X1A
L, The Chinese mono exchange shops or banks in iaoao ( no foreign banks are
perwitt-Od to operate there), as well as the gold shops are or anized into
a central or? an:a zation called the Central Market,, which fixes the daily rates
a 'or f orejn exchange and. Chinese National dollars and the prices for pure
,old accord _ g to tele;raphic information of fluctuations from Hon ;kon
': har h?ai end Canton. The Macau Goaarrxraant is always on the lookout for secret
-.w3.o stations cparataci by these isd tey exchange merchants.. Only very imr,-
portant changes are. r eceived by wire from :ion ;kon , while rates for Aiaerica~.a
dollars and pound sterling notes are received fro. i Hon;kon by nail daily
and are adjusted according to the five percent difference between Macao and
Hongkong currency. At present the business in money exchange and gold has
been very quiet, and there is very little speculation in the money rr!arket in
Macao,, azy of the shops have had to close down since the end of the war,..
and ouch of this business has been transferred to Hongkong,, Below are listed the buying and sallin-; rates in terms of i aeao dollars for
U dollar notes,, pound sterling notes, Chinese National currency, and pur3
Zeld taai. for 19-30 October;
Pound I, CNC 100?000 1 Vaal Gold
` 3 u f S e " 1 1 Bu ~., 1 Buy l e i ?! B
y
.
19 L020 )4_25 iL~:,8o 15 Ql!0n0 105.00
e2 1ra20 ~, 3O lL,n53 15.00 - 105.00
4.25 1400 14.80 3C?i ?.f,ui
2 1r.l8 4.211:. i/4a20 15.00 103.00
28 4.22 14.2 7 14, ,00 14.50 1Q6,OO
29 4,.20 4.25 1 4.x,20 114.e80 i0f3 00
O Ly:25 L.,750 I1~bO0 La,S~i I07.50
i)urjn this same period the -Prices of foodstuffs
In?; rat(-,, s:
catty ricenoneo.n 4Oc7O
'1"'z.caos~ 7. 0 ce0 o.ooy0.25
Catty l'3l3za Ile3a, e;~.fn1J~
25X1 A UNC
ASS,
25X1 A F! YO
25X1 C
DID': 9 Jar .ary 1947
s - S I
SUPPLEMENT
107.00 280.00 290,,00
107.00 285,>00 290o00
3O9,00 230.00 2881;00
109.00 270000 2#30x.00
107.00 270400 '275,,00
109.00 275.00 280,00
108,50 285.00 290,.00.
25X1
potatoes . a . 4 ,a 4 Q0/7~C)y
I catty
I caNy pork....... O ae4l3a00
Document No. it
NO CHANGE in Class.
^ DECLASSIFIED
Class. CHA iD TO: TS S
DDA 4 Apr 77
Auth: DDA R"'.-G. 77/1763
Approved For Release 2003/08/07 : CIA-RDP82-00457R000200490008-2