China's yuan funds for foreign exchange rise
Updated: 2012-10-19 21:42
(Xinhua)
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BEIJING - China's financial institutions saw their yuan funds outstanding for foreign exchange increase 130.68 billion yuan (20.71 billion US dollars) in September after two months of falls, data from the central bank showed Friday.
The funds have been shrinking since July as a result of slowing foreign trade and dropping foreign direct investment amid global economic woes, according to figures from the People's Bank of China.
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