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NewsWhore
07-12-2012, 01:00 PM
China New Yuan Loans Top Forecasts; Forex Reserves Shrink (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG0zYOQnVQ3U7ig4W5ft6I79PNWuQ&url=http://www.bloomberg.com/news/2012-07-12/china-new-yuan-loans-top-forecasts-forex-reserves-decline-1-.html)
Bloomberg
Banks extended 919.8 billion yuan ($144.3 billion) of local-currency loans, the People's Bank of China said yesterday. That compares with the 880 billion yuan median forecast in a Bloomberg News survey. Foreign-exchange reserves fell to $3.24 trillion ...

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