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HK Jan HKD Deposits at Authorised Institutions Add 18.6%, RMB Deposits Up 10.5%
According to statistics published by the Hong Kong Monetary Authority, total deposits with authorised institutions increased by 9.8 per cent in January 2021. Among the total, Hong ...
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HK Jan HKD Deposits at Authorised Institutions Add 18.6%, RMB Deposits Up 10.5%
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2021/02/26 17:01
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According to statistics published by the Hong Kong Monetary Authority, total deposits with authorised institutions increased by 9.8 per cent in January 2021. Among the total, Hong Kong dollar deposits and overall foreign currency deposits grew by 18.6 per cent and 1.0 per cent respectively. Renminbi deposits in Hong Kong increased by 10.5 per cent to RMB797.7 billion at the end of January. The total remittance of renminbi for cross-border trade settlement amounted to RMB581.3 billion in January, compared with RMB535.8 billion in December 2020.
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