BUSINESS China interbank money market turnover falls in November

BUSINESS

China interbank money market turnover falls in November

Xinhua

09:49, December 22, 2019

BEIJING, Dec. 22 (Xinhua) -- China's interbank money market saw 82.9 trillion yuan (about 11.8 trillion U.S. dollars) in transactions in November, down 3.01 percent year on year, data from the People's Bank of China showed.

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File photo: CGTN

The pledged repo turnover went up 0.22 percent to 70.8 trillion yuan, while the outright repo turnover grew 5.19 percent to 1 trillion yuan.

Interbank borrowing turnover decreased 19.98 percent from a year ago to 11.1 trillion yuan last month, according to the data.

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