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Tuesday, November 09, 1999, updated at 09:48(GMT+8)
Business China's Interbank Forex Trading Tops 2.9 Billion US Dollars

China's October interbank foreign exchange trading hit 2.95 billion US dollars, according to the latest figures released by the Shanghai-based China Foreign Exchange Trade System.

This figure includes some 2.89 billion US dollars, 233 million Hong Kong dollars, and 3.36 billion Japanese yen.

The weighted average exchange rate of the US dollar remained stable, with the US dollar closing at 8.2778 Chinese yuan at the end of the month, compared with 8.2777 yuan at the end of the previous month.

The Hong Kong dollar ended the month at 1.0653 Chinese yuan, with the yuan-yen rate standing at 7.8785:100, up 1341 points. (Xinhua)

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