According to the official website of the Shanghai headquarters of the People's Bank of China, at the end of September, the balance of various local and foreign currency deposits in Shanghai was 25.92 trillion yuan, an increase of 8.7% over the previous year. Among them, the balance of various RMB deposits was RMB 24.56 trillion, up 9% year on year; the balance of various foreign currency deposits was US$2011 billion, up 10.3% year on year. At the end of September, the balance of various loans in local and foreign currency in Shanghai was 13.66 trillion yuan, an increase of 5.9% over the previous year. Among them, the balance of various RMB loans was RMB 12.98 trillion, up 5.6% year on year; the balance of various foreign currency loans was US$10.2 billion, up 19.3% year on year. In the first three quarters, various foreign currency deposits increased by 16.7 billion US dollars, a year-on-year decrease of 3.8 billion US dollars. In September, various foreign currency deposits decreased by 4.4 billion US dollars, an increase of 7.8 billion US dollars compared with the previous year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.