An update of the RMB business in the Macao Special Administrative Region (MSAR) 5)  With the rapid development of the economy, there is an accelerated economic integration between the Mainland and Macao. As a result, RMB business develops quickly in Macao. At the moment, RMB deposits in Macao accounts for about 10% of the deposits in the banking system.
Structural policies, for example to support export production and reduce transport costs for exports, are also required, but structural policies alone will not work if the exchange rate is uncompetitive. Figure 3 The Exchange Rate of the Uganda Shilling against the US Dollar; June 2008–December 2011  Source: BOU.