+
China’s
funds outstanding for foreign exchange were CNY 25.35 trillion in December
2011, CNY 100.33 billion less compared to November 2011.
+
With a
month-on-month decrease of CNY 24.8 billion in October and CNY 27.9 billion in
November, funds outstanding for foreign exchange had dropped for the third
consecutive month in December, and the decline rate had been expanded.
+
China’s
foreign exchange reserves were USD 3.18 trillion in December 2011, about USD 40
billion less compared to November.
+
Related
Data: Total Deposits and Loans of Financial
Institutions, Forex Purchase, Forex Reserve
Both forex purchase and forex reserve saw declines in the last quarter.
For more data on China’s
monetary and banking system, please visit www.chinascopefinancial.com
Other News Headlines
- Funds Outstanding for Foreign Exchange Fall for Three Consecutive Months
- Dai Xianglong: Only a Small Fraction of Pension Funds Will Be Invested in Stock Market
- Release of 12th Five-Year Plan for Food Industry
- Subsidized Sales of Home Appliances in the Countryside Drops 30% Due to Policy Exit
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