China foreign exchange reserves hit $3.2 trillion

Monday, October 17, 2011 Posted by TFAL Team

(Reuters) - Chinese banks extended 470.0 billion yuan ($73.6 billion) in new local currency loans in September, down from 548.5 billion yuan in August and below market expectations.
China's foreign exchange reserves, the world's largest stockpile, rose by $4.2 billion in the third quarter to $3.2 trillion, the central bank said on Friday .. Full Story
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