MACAO - The Macao Special Administrative Region's resident deposits experienced notable increases in March, according to the Monetary Authority of Macao.

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Statistics showed that in March, currency in circulation decreased 1.8 percent, while demand deposits rose 10.5 percent. Resident deposits saw a modest rise of 1.3 percent month-on-month to 789.0 billion patacas (about $98.8 billion), while non-resident deposits surged 9.1 percent to 360.1 billion patacas.