|
BIZCHINA> Top Biz News
![]() |
|
RMB deposits in HK rise slightly to 53.4b yuan
(Xinhua)
Updated: 2009-07-01 11:27 The renminbi deposits with authorized institutions in Hong Kong rose 0.8 percent in May to 53. 4 billion yuan ($7.8 billion), representing about 2 percent of the foreign currency deposits, the Hong Kong Monetary Authority said Tuesday. The total deposits rose 2 percent in the same month, with the HK dollar deposits rising 2.7 percent as the expansion in demand and savings deposits exceeded the contraction in time deposits.
Seasonally-adjusted HK dollar M1, the narrowest measure of money supply in an economy, rose 9.6 percent in May and 26.8 percent from a year earlier. Unadjusted HK dollar M3, the broader measure, grew 2.5 percent in May and 8.1 percent year-on-year. Hong Kong, a southern Chinese special administrative region and free trade hub, has been trying to foster the development of RMB financial market recently with a pilot scheme using yuan for cross-border trade settlement and the issuing of yuan-denominated bonds in Hong Kong by local and foreign banks operating in the mainland. (For more biz stories, please visit Industries)
|
|||||
主站蜘蛛池模板: 庐江县| 泸定县| 牙克石市| 阿拉尔市| 井陉县| 北安市| 潮州市| 镇雄县| 响水县| 淮南市| 辽宁省| 涞源县| 昌宁县| 锡林浩特市| 京山县| 景泰县| 湘阴县| 永靖县| 平原县| 新兴县| 宣恩县| 山东| 黔西| 彰化市| 林周县| 敦化市| 万山特区| 长垣县| 安吉县| 咸阳市| 桐柏县| 东源县| 仙桃市| 阳信县| 麻江县| 齐齐哈尔市| 黔西县| 类乌齐县| 邯郸市| 杭州市| 广灵县| 东明县| 南平市| 望奎县| 朝阳区| 呈贡县| 大田县| 越西县| 河北省| 朝阳县| 安义县| 登封市| 仪陇县| 砚山县| 新龙县| 丘北县| 垫江县| 蒙阴县| 衡水市| 田林县| 板桥市| 鹤山市| 莆田市| 岳阳县| 礼泉县| 永年县| 鸡东县| 东海县| 竹溪县| 武胜县| 丰都县| 大英县| 梓潼县| 娄烦县| 清镇市| 德兴市| 宝应县| 华池县| 佛冈县| 延边| 五原县| 黑河市|