Home / Metal News / Yuan Funds for Foreign Exchanges Drop For Second Month in November: PBOC

Yuan Funds for Foreign Exchanges Drop For Second Month in November: PBOC

iconDec 20, 2011 08:47
Source:SMM
The People's Bank of China (PBOC) announced Monday the country's yuan funds outstanding stemming from foreign exchanges dropped for a second month in November from one month ago.

BEIJING, Dec. 19 (Xinhua) -- The People's Bank of China (PBOC), the central bank, announced Monday the country's yuan funds outstanding stemming from foreign exchanges dropped for a second month in November from one month ago.

As of the end of November, the nation's total yuan funds outstanding for foreign exchanges stood at 25.46 trillion yuan (4 trillion U.S. dollars), down 27.9 billion yuan from the figure at the end of October, the PBOC data showed.

 

PBOC
foreign exchange
yuan funds outstanding

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All