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View Full Version : Hong Kong Yuan Deposits Fall by Most Since 2008 on Trade Flow - Bloomberg



NewsWhore
01-31-2012, 02:30 PM
Hong Kong Yuan Deposits Fall by Most Since 2008 on Trade Flow (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEkEcWlt5zlN5BBFbqTwnLqCJaxpA&url=http://www.bloomberg.com/news/2012-01-31/hong-kong-yuan-deposits-fall-by-most-since-2008-on-trade-flow.html)
Bloomberg
Yuan deposits in Hong Kong declined by the most in three years as trade settlements with China increased, intensifying competition among banks in the city for the currency. Savings (HKRDTTL) denominated in the Chinese currency fell 6.2 percent to 589 ...

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