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China's M2 money supply rose at an annual rate of 7.5% in October, up from an expected 6.9% and 6.8% earlier.

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2024-11-11 16:31:41
China 10 m2 currency supply 7.5% expecteddesk3cryptocurrencydesktopCrypto News
< b > China's M2 money supply rose at an annual rate of 7.5% in October, up from an expected 6.9% and 6.8% previously.
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Central Bank: At the end of October, the balance of domestic and foreign currency loans was 258.18 trillion yuan, an increase of 7.5% year-on-year. At the end of the month, the balance of RMB loans was 254.10 trillion yuan, an increase of 8% year-on-year.
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At the end of October, M2 grew by 7.5% year-on-year, while M1 fell by 6.1% year-on-year.

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