China's Domestic Forex Deposits Keep RisingChina's total domestic foreign exchange deposits reached 120.43 billion U.S. dollars by the end of September, an increase of 22.8 percent on a yearly basis, according to statistics released by the People's Bank of China Tuesday.In the January-September period this year, China's foreign exchange deposits added up to 17.23 billion U.S. dollars, 7.41 billion more than the same period of last year. The outstanding amount of corporate foreign exchange deposits up to the end of September reached 43.54 billion U.S. dollars, up 11.3 percent on an annual basis, and that for the first nine months this year amounted to 3.68 billion U.S. dollars, 3.03 billion more than a year earlier. According to the statistics, the outstanding amount of residents' foreign exchange deposits stood at 68.33 billion U.S. dollars at the end of September, up 32.9 percent year on year, and that for the first three quarters added up to 12.98 billion U.S. dollars, up 2.8 billion U.S. dollars. By the end of September, the outstanding amount of foreign exchange loans went down by 4.02 billion U.S. dollars from the year's beginning to 64.99 billion U.S. dollars, including 22.62 billion U.S. dollars of short- and medium-term loans and 24.32 billion U.S. dollars of medium- and long-term loans. |
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