China's yuan funds for foreign exchange rise
Updated: 2012-10-20 10:43
(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) 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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