HK's Yuan Deposits Increase
HONG Kong's yuan deposits grew by 1.4 percent to 627.3 billion yuan (US$99.5 billion) at the end of November, according to data published yesterday by its monetary authority.
The data showed the total remittance of yuan for cross-border trade settlement totaled 184.99 billion yuan in November, against 161.46 billion yuan in October.
Hong Kong's total yuan deposits with authorized institutions gained 0.8 percent in November.
The data showed the total remittance of yuan for cross-border trade settlement totaled 184.99 billion yuan in November, against 161.46 billion yuan in October.
Hong Kong's total yuan deposits with authorized institutions gained 0.8 percent in November.
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