Can i use yuan in macau

Macau's chief executive Ho Iat Seng told legislators last week that the former Portuguese colony should "follow the pace" of the mainland. In a statement to Reuters, Macau's Monetary Authority said it was amending its legal framework to incorporate the digital yuan and that it had been in contact with the People's Bank of China over the progress.

It would also conduct its own feasibility study. Macau's government said in an email to Reuters last week it was closely following the foray into digital payments as it develops its own financial sector with a bond market, wealth management and financial leasing. Over the past year, Macau has facilitated bond sales, trading and settlement services to issuers including Chinese companies and the Chinese finance ministry. Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

More from Reuters. Sign up for our newsletter Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox. Scan me! Over 70 million downloads worldwide. Convert Send Charts Alerts. MOP — Macau Pataca. We use midmarket rates These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets.

They are not transactional rates. Learn more. Currency Information. Egyptian Pound. El Salvador Colon. Estonian Kroon. Ethiopian Birr. Fiji Dollar. Gambian Dalasi. Guatemala Quetzal. Guinea Franc. Haiti Gourde. Honduras Lempira. Hong Kong Dollar. Hungarian Forint. Icelandic Krona. Indian Rupee. Indonesian Rupiah. Iran Rial. Iraqi Dinar. Israeli Sheqel.

Jamaican Dollar. Japanese Yen. Jordanian Dinar. Kazakhstan Tenge. Kenyan Shilling. Kuwaiti Dinar. Latvian Lats. Lebanese Pound. Lesotho Loti. Lithuanian Litas. Macau Pataca. Macedonian Denar. Malawi Kwacha. Malaysian Ringgit. Maldives Rufiyaa. Mauritania Ougulya. Mauritius Rupee.

Mexican Peso. Moldovan Leu. Mongolian Tugrik. Moroccan Dirham. Namibian Dollar. Nepalese Rupee. Neth Antilles Guilder. New Zealand Dollar.

Nicaragua Cordoba. Nigerian Naira. Norwegian Krone.