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China's foreign currency deposit tops USD 1 trln, market entities show strong willingness in holding foreign currency
China's balance of deposits in foreign currency hit record high of 1.0045 trillion U.S. dollars by the end of April this year, with an increase of 33.2 percent year on year, data from a financial statistic report released by the China's central bank recently.
May27,2021
China, Laos sign agreement on local currency cooperation
China and Laos have signed an agreement on bilateral monetary cooperation to enhance the use of local currencies in trade and investment, the People's Bank of China (PBOC), the country's central bank, announced Thursday.
January09,2020
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