Yuan Funds for Foreign Exchanges Drop For Second Month in November: PBOC-Shanghai Metals Market

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

Data Analysis 08:47:37AM Dec 20, 2011 Source:SMM

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.

 

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

Data Analysis 08:47:37AM Dec 20, 2011 Source:SMM

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.