Friday May 25, 2018
    Home > News > Economy
    Text:| Print|

    China's broad money supply up 14.1 pct

    2012-11-13 08:32 Xinhua     Web Editor: qindexing comment

    China's broad measure of money supply (M2) amounted to 93.64 trillion yuan (14.86 trillion U.S. dollars) as of the end of October, up 14.1 percent year on year, according to the central bank on Monday.

    The growth was down 0.7 percentage points from that at the end of September, but 1.2 percentage points higher than the rate logged at the same time last year, the People's Bank of China (PBOC) said.

    The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 6.1 percent year on year to 29.33 trillion yuan at the end of October, marking a 1.2-percentage-point retreat from the end of September.

    Meanwhile, M0, which measures cash in circulation, rose 10.5 percent to 5.15 trillion yuan as of the end of last month. The net cash injection last month totaled 196.6 billion yuan, according to the data.

    The PBOC also announced earlier Monday that China's new yuan-denominated lending in October dropped 81.6 billion yuan to 505.2 billion yuan.

    Comments (0)

    Copyright ©1999-2011 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 汨罗市| 濮阳市| 赤水市| 庆安县| 多伦县| 灵台县| 千阳县| 文成县| 商南县| 镶黄旗| 诏安县| 阳新县| 钟山县| 繁峙县| 长治县| 新乐市| 介休市| 宕昌县| 桐梓县| 海南省| 鹤峰县| 龙州县| 三明市| 花莲市| 景宁| 平邑县| 宁陵县| 新泰市| 综艺| 眉山市| 静安区| 贡嘎县| 林西县| 麻阳| 永清县| 肥东县| 黔西县| 乌兰浩特市| 吉林省| 茂名市| 本溪市|