December 26, 2024

[ad_1]

Cash and bank reserves held by the central bank, a measure of money supply known as M0, grew at 15.3%, the fastest pace in 11 months, to 10.5 trillion yuan in December, with the digital yuan representing only 0.13% of the total. The addition of the e-CNY caused no “notable changes,” the PBOC said.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *