Published: 17:19, May 13, 2022 | Updated: 17:30, May 13, 2022
China's new yuan loans at 645.4 billion yuan in April
By Xinhua
BEIJING - China's new yuan-denominated loans totaled 645.4 billion yuan ($95.05 billion) in April, central bank data showed Friday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 10.5 percent year-on-year to 249.97 trillion yuan at the end of last month, according to the People's Bank of China.
READ MORE: PBOC to ensure ample liquidity
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