The data released by the People's Bank of China on Friday (July 14) shows that the balance of foreign exchange funds at the end of June was 2.17734 trillion yuan (RMB, the same below, about S $ 4.03 trillion), a month -on -month decrease of 8.851 billion yuanEssence
The Dow Jones News Agency reported that this is the second month -on -month decline in Chinese foreign exchange accounts.
The balance of foreign exchange funds at the end of May was 2.17822 trillion yuan, a month -on -month turnover and a decrease of 7.284 billion yuan.
April and May Foreign Exchange's accounts have continued to decline, which is related to the significant decline in the RMB exchange rate in the past two months.
According to data providers, in April and May, RMB and US dollars fell 2.57%and 2.19%, respectively.
