China's Forex Deposits Maintains Growth MomentumThe People's Bank of China (PBOC) announced Friday that by the end of June, foreign exchange deposits in domestic financial institutions had amounted to 134 billion US dollars, up 17.9 percent from the same period last year.Statistics released by the PBOC show that a total of 5.234 billion US dollars was added to the deposits in the first six months. Of the total, corporate forex deposits accounted for 48.538 billion U.S. dollars, up 15.77 percent from the same period last year; while residents' deposits were 75.958 billion U.S. dollars, up 19.77 percent. By the end of June, all kinds of forex loans were 83.205 billion U.S. dollars, decreasing 1.728 billion U.S. dollars, which was 3.31 billion U.S. dollars less than the drop in the same period last year. |
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