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PBOC: Mainland China M2 Balance at End-Apr Up 8.6% YoY, vs Market Forecast of 8.5%
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The People's Bank of China announced that at the end of April, Mainland China's broad money (M2) balance stood at RMB353.04 trillion, up 8.6% YoY, compared with the market expectation of an 8.5% increase. Narrow money (M1) balance was RMB114.58 trillion, up 5% YoY. Currency in circulation (M0) balance was RMB14.75 trillion, up 12.2% YoY. In the first four months, net cash injection amounted to RMB653 billion. (su/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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