Foreigners offload Chinese bonds for 9th straight month in Oct


Reuters | Shanghai | Updated: 15-11-2022 15:30 IST | Created: 15-11-2022 15:26 IST
Foreigners offload Chinese bonds for 9th straight month in Oct
Representative image Image Credit: ANI
  • Country:
  • China

Foreign holdings of yuan-denominated bonds traded on China's interbank market stood at 3.38 trillion yuan ($479.88 billion) at end-October, versus 3.40 trillion yuan a month earlier, the central bank's Shanghai head office said on Tuesday.

That marks the ninth consecutive month of outflows and the longest streak of outflows on record. ($1 = 7.0435 Chinese yuan)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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