China's yuan funds for foreign exchange rise

Updated: 2012-10-20 10:43

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按钮 0

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.