Non-resident yuan deposits hit US$173b
Source: Xinhua |
August 14, 2013, Wednesday
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Print Edition
Print Edition
China’s non-resident yuan deposits had reached 1.07 trillion yuan (US$173 billion) by the end of the second quarter, according to data released yesterday by the State Administration of Foreign Exchange.
Of the deposits, 497.1 billion yuan came from individuals, according to the SAFE.
This is the second time that SAFE has published non-resident deposit figures, a move motivated by efforts to make foreign exchange statistics more transparent. The first was the release of the year’s first-quarter figures on June 26.
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