The 3rd quarter financial operation report released by the People's Bank of China (PBC) on October 14 reveals that the balance of the country's foreign exchange reserve reached US$769 billion at the end of September, US$159.1 billion more than early this year, and an increase of US$47.8 billion year on year. The exchange rate of RMB (people's currency) was 8.093 yuan against one US dollar.
At the end of September, the balance of domestic and foreign currency saving deposits in all financial institutions came to 29.3 trillion yuan, a year-on-year increase of 18 percent, of which, the balance of RMB deposits stood at 28 trillion yuan, up 19.1 percent. At the end of September, the balance of home and foreign currency loans in all financial institutions amounted to 20.3 trillion yuan, up 13.5 percent. Of which, the balance of RMB loans touched 19.1 trillion yuan, up 13.8 percent.
By People's Daily Online