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Pataca

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Pataca
The currency of Macau. It was introduced in 1894. Macau is a special administrative region of China; perhaps because of this, the pataca is pegged to the Hong Kong dollar using a currency board system. That is, the Monetary Authority of Macau is legally obligated to redeem pataca for the equivalent amount of Hong Kong dollars on demand.


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Market leaders Thumbs Up and Viva Pataca finished fourth and seventh.
British flyer Presvis outpaced hometown favourite Viva Pataca in Sunday's rain-soaked Queen Elizabeth II Cup, one of the highlights of the Hong Kong racing calendar.
British flyer Presvis outpaced hometown favourite Viva Pataca in Sunday's rain-soaked Queen Elizabeth II Cup, one of the highlights of the Hong Kong racing calendar.
 
 
 
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