While demand and supply factors are responsible for the over $ per barrel decline in the price of Brent crude, we do not have a full understanding of the drivers of the oil price decline. In fact, there are indications that financial factors, while not dominant, did have some bearing on oil price movements.
In this way, we contribute our part in the “reaching out” of RMB and, at the same time, we are motivating the development of the Macao financial industry which will enhance appropriate diversification of the Macao economy and promote continued prosperity and stability of the MSAR. Finally, I would like to wish everybody good health, plain sailing at work and happiness in the family.