日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

  Home>News Center>China
       
 

Forex savings drop by 5.9% in November
By Chuan Yu (China Daily)
Updated: 2004-12-15 23:09

Individual savings in foreign currency continued to shrink last month, extending a trend analysts say is largely fuelled by expectations for a revaluation of the renminbi.

Forex savings deposits by Chinese residents dropped by 5.9 per cent on a year-on-year basis to US$81 billion at the end of November, the People's Bank of China (PBOC) said yesterday.

Corporate forex deposits totalled US$58.9 billion, up 9.5 per cent from a year earlier, it said.

The bank did not disclose new forex deposits for December, but said the figure was US$3.2 billion less than the previous month.

The growth of forex savings, which was typically fast in recent years as forex assets owned by Chinese depositors expanded, started to slow down early last year and dipped to negative territory near year-end.

Analysts say the key reason was unabated expectations that the renminbi will appreciate in the near term under international pressure, although the Chinese Government has been insisting it will not resort to a simple revaluation of the currency but improve the flexibility of its exchange rate regime.

Such expectations, coupled with China's higher interest rates relative to the international market, have led many businesses and individuals to increase their renminbi assets and scale back forex-denominated assets.

Forex loans totalled US$135.5 billion at the end of last month, up 12.7 per cent on a year-on-year basis, continuing on an upward curve.

But signs of a slowdown in the growth of forex lending also emerged. Outstanding short-term lending rose by 18.4 per cent to US$48.8 billion at the end of last month, which compares to the 22.3 per cent surge recorded one month earlier.

New forex lending in the first 11 months of this year stood at US$16.7 billion, down 41 per cent from last year, the bank said.



 
  Today's Top News     Top China News
 

Taiwan separatist actions prove unpopular

 

   
 

Target jobless rate to see first drop

 

   
 

Party school raises AIDS awareness

 

   
 

Mass entries vie for 2008 Olympic mascot

 

   
 

Fed raises US interest rate to 2.25%

 

   
 

N.Korea: Any sanctions would mean war

 

   
  Hunan coal mine mishap kills 18
   
  Cash sought from vessels over spill
   
  WFP: Country aiding fight agaist world hunger
   
  Beijing plans to shut down non-coal mines
   
  Taiwan separatist actions prove unpopular
   
  China's gay men know little about AIDS
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
SAFE: Country not reducing US dollar holdings
   
SAFE: Country not reducing US dollar holdings
   
China further loosens forex control
   
Relaxing forex control a must
   
Speculative money: A hot potato for China
   
Forex reform will go steadily
   
US calm despite dollar's woes
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产中文av在线 | 亚洲激情视频网站 | 国产精品综合久久 | 欧美69久成人做爰视频 | aaaa黄色片 | 国产成人宗合 | 免费成人在线播放 | 岛国久久久| 99久久99久久精品国产片果冰 | 天天干天天草 | 午夜在线一区 | 国产极品网站 | 国产一区二区精品在线观看 | 黄色一级视频免费看 | 欧美一级视频在线观看 | 超碰在线97观看 | 偷拍97| 五月婷在线视频 | www.色国产| 三级a视频 | 在线免费观看黄网站 | 欧美亚洲大片 | 亚洲精品9 | 国产一级淫片久久久片a级 香港之夜完整在线观看 | 欧美亚洲大片 | 精品一区二区三区日韩 | 欧美午夜精品一区二区蜜桃 | 黄色国产片 | 国产午夜精品一区二区三区 | 人人插人人看 | 成人免费视频国产 | 暖暖爱爱视频 | 91精品久| 97久久久| 国产一区二区三区四区在线 | 狠狠操夜夜爽 | 国产精品视频网址 | 国产精品久久免费视频 | 亚洲欧美一区二区三区四区 | aav在线| 一级爱爱片 |