Forex yuan funds
Source: Xinhua |
December 15, 2012, Saturday
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Print Edition
Print Edition
CHINA'S yuan funds outstanding for foreign exchange in domestic financial institutions dropped by 73.6 billion yuan (US$11.7 billion) from October to November, the central bank said yesterday. This is the first decline after the figure rose sharply by 130.68 billion yuan in September and by a much smaller 21.63 billion yuan in October. By the end of November, China's total yuan funds outstanding for foreign exchange via financial institutions stood at 25.72 trillion yuan.
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