Yuan funds for forex drop for 2nd month
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Xinhua, December 19, 2011
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The People's Bank of China (PBOC), the central bank, announced Monday the country's yuan funds outstanding stemming from foreign exchanges dropped for a second month in November from one month ago.
As of the end of November, the nation's total yuan funds outstanding for foreign exchanges stood at 25.46 trillion yuan ($4 trillion), down 27.9 billion yuan from the figure at the end of October, the PBOC data showed.
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