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Statistics released on Thursday by the People's Bank of China (PBOC) show that by the end of July, the outstanding foreign exchange deposits in domestic financial institutions had reached US$144.4 billion, up 4 percent from the same period last year.
Of total forex deposits, corporate deposits accounted for 48.55billion dollars, while forex savings reached 86.85 billion dollars, up 12.3 percent from the same period last year.
By the end of July, outstanding loans in foreign exchange totaled 98.76 billion dollars, an increase of 8.56 billion dollars over the same period last year.
(Xinhua News Agency August 16, 2002)
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