December 31, 2013 / 9:35 AM / 4 years ago

TABLE-Hong Kong yuan deposits rise 5.8 pct in Nov vs Oct

Dec 31 (Reuters) - Yuan deposits in Hong Kong, an offshore
market for the Chinese currency, rose to 827 billion yuan
($136.43 billion) in November, up 5.8 percent from a month
earlier, the Hong Kong Monetary Authority said on Tuesday.
    Cross-border trade settled in yuan increased 39.4 percent in
November to 439.4 billion yuan on a month-on-month basis.
       
    The following are yuan deposit data:
                         
 Hong Kong Deposits:    Nov   Oct   Sep    Aug    Jul   Jun    
 Yuan (or Rmb bln)    827.0 781.6  730.0  709.5  695.0 698.0
 pct change m/m         5.8   7.1    2.9    2.1   -0.4  -0.1
 pct of total deposits 11.7  11.1   10.4   10.4   10.2  10.4
        
 Total (HK$ bln)     9,065 8,973  8,906  8,652  8,607 8,481  
       
 Total yuan remittances for cross-border trade settlement 
(through Hong Kong's banking system):
     
                       Nov   Oct   Sep    Aug   Jul    Jun    
 (bln yuan)           439.4 315.3 331.7  304.2 285.4  270.8  
 pct change m/m        39.4  -4.9  +9.0   +6.6  +5.4  -14.9  
 
($1 = 6.0618 Chinese yuan)

 (Reporting by Michelle Chen and Christina Lo; Editing by Sunil
Nair)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below