China's yuan funds for forex down in February

Source: Xinhua| 2019-03-14 19:21:39|Editor: zh
Video PlayerClose

BEIJING, March 14 (Xinhua) -- China's yuan funds outstanding for foreign exchange edged down in February, according to central bank data.

The funds stood at 21.2541 trillion yuan (about 3.17 trillion U.S. dollars) at the end of last month, slightly down by 330 million yuan from that of January, the People's Bank of China said Thursday.

As the Chinese yuan is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by a 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 flows and domestic yuan liquidity.

A similar measure of capital flow, the foreign exchange reserves reported a marginal increase to 3.0902 trillion U.S. dollars at the end of February.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378948751
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
日本狂喷奶水在线播放212 | 亚洲综合天堂Av网站在线观看 | 亚洲中文字幕在线播 | 日本乱理伦片在线观看中文字幕 | 午夜福利片国产在线 | 韩国日本亚洲国产不卡 |