BOC's individual forex savings on mainland hit 49 bln dollars

Home>>Business

Last updated at: (Beijing Time) Monday, November 24, 2003

BOC's individual forex savings on mainland hit 49 bln dollars

DISCUSSION

CHINESE

SEND TO FRIEND

The private savings deposits in foreign exchange on the Chinese mainland in the Bank of China (BOC), one of the four major state-owned commercial banks in China, hasexceeded 49 billion US dollars, a BOC official said on Monday.

The official, who is with the BOC's retailing department, made the remark at an awarding ceremony for a nationwide foreign exchange transaction contest organized by the bank.

During the firth 10 months this year, the actual transactions in foreign exchange conducted by the Bank of China totaled 55.8 billion US dollars, the official said.

The contest, which is aimed at improving citizens' knowledge and ability in making investments with foreign exchange, attractedmore than 60,000 participants.

Questions?Comments? Click here

Chinese citizens' savings hit 10 trillion yuan

New Bank Account Regulation to Take Effect in China

More Chinese Borrowing from Future to Pay for Present

China slams AIT head's remarks on Taiwan issue ( 4 Messages)

Internet changes life in China: News focus ( 2 Messages)

2003, the first pageant year in China? ( 4 Messages)

US rushes to embrace strategy of "Iraqification" ( 4 Messages)

Traffic woes to ease with express thoroughfares ( 3 Messages)