Hong Kong CNH dollar deposits drop

Offshore renminbi deposits in Hong Kong fell in September as did the the city's market share in trade settlement.
Hong Kong CNH dollar deposits drop
By Daniel Flatt
Nov 2, 2012
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What: Offshore renminbi (CNH) deposits in Hong Kong fell Rmb6.5 billion to Rmb545.7 billion in September, according to the Hong Kong Monetary Authority. The drop means that renminbi deposits as a total share of deposits in Hong Kong now stands at 8.48%, a slight decrease of 0.12 percentage points.

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