Funds outstanding for forex. THE central bank's yuan outstanding for foreign exchange rose in September, snapping a month decline, according to figures released yesterday. The funds increased by million yuan (US$ million) from August to trillion yuan, the People's Bank of China said. An increase usually signals.

Funds outstanding for forex

Forex

Funds outstanding for forex. BEIJING - The central bank's yuan funds outstanding for foreign exchange declined again in December as capital outflow continued. The funds declined billion yuan (around $ billion) in December month on month to trillion yuan, data from the People's Bank of China (PBOC) showed.

Funds outstanding for forex


The funds declined As the Chinese currency is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by China's trade surplus and foreign investment in the country, adding funds to the money market. Such funds are an important indicator of cross-border foreign capital flow and domestic yuan liquidity.

Despite recent drops, China is still home to the world's largest forex reserve and enjoys forex inflows from its trade surplus and foreign direct investment. The central parity rate of the renminbi, or the yuan, weakened basis points to 6. China's yuan funds for foreign exchange drop in December Xinhua Updated: December was the 14th consecutive month of decline. An engine driving a global economic revival. Top 10 best global brands in Man who keeps trains on track.

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