Central Bank: RMB deposits increased by 18.44 trillion yuan in the first seven months
According to online reports, central bank data showed that at the end of July, the balance of local and foreign currency deposits was 327.83 trillion yuan, a year-on-year increase of 9%. At the end of the month, the balance of RMB deposits was 320.67 trillion yuan, a year-on-year increase of 8.7%. RMB deposits increased by 18.44 trillion yuan in the first seven months. Among them, household deposits increased by 9.66 trillion yuan, non-financial corporate deposits increased by 310.9 billion yuan, fiscal deposits increased by 2.02 trillion yuan, and deposits in non-banking financial institutions increased by 4.69 trillion yuan.
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