China saw big increase in foreign exchange deposits this year. By the end of October, the balance of foreign exchange deposit of Chinese-funded financial institutions in the country had reached US$135.6 billion, an increase of 10.6 percent over the same period of last year. January to October saw a total increase by US$6.9 billion. In October, there was a rise of US$875 million.
China saw big increase in foreign exchange deposits this year. By the end of October, the balance of foreign exchange deposit of Chinese-funded financial institutions in the country had reached US$135.6 billion, an increase of 10.6 percent over the same period of last year. January to October saw a total increase by US$6.9 billion. In October, there was a rise of US$875 million.
As sources say, by the end of October, the enterprise balance of foreign exchange deposits was US$46.74 billion, up 5.85 percent over the same period of the previous year while January to October witnessed a total increase by US$540 million.
By the end of October, the balance of foreign exchange deposits of citizens hit US$80.4 billion, an increase of 15 percent over the same period of last year. From January to October, it totaled a rise by US$7.07 billion in which October saw a rise of US$1 billion.