The balance of national foreign exchange reserves is 3.19 trillion US dollars, and the central bank: RMB deposits increased by 20.1 trillion yuan in the first half of this year | currency | national foreign exchange

Financial Statistics Report for the First Half of 2023

Broad money growth of 11.3 percent in 1.

At the end of June, the broad money balance was 287.3 trillion billion yuan, up 11.3 percent from the same period last year, 0.3 and 0.1 percentage points lower than the end of last month and the same period last year, respectively; the narrow money balance was 69.56 trillion billion yuan, up 3.1 percent from the same period last year, 1.6 and 2.7 percentage points lower than the end of last month and the same period last year, respectively; and the money balance in circulation was 10.54 trillion billion yuan, up 9.8 percent. Net cash investment of 78.9 billion yuan in the first half of the year.

Renminbi loans up by 15.73 trillion yuan in first half of 2.

At the end of June, the balance of local and foreign currency loans was 235.73 trillion billion yuan, up 10.6 percent year on year. The balance of RMB loans at the end of the month was 230.58 trillion billion yuan, up 11.3 percent from the same period last year, 0.1 percentage points lower than at the end of last month and the same as the same period last year.

In the first half of the year, RMB loans increased by 15.73 trillion yuan, an increase of 2.02 trillion yuan year-on-year. By sector, household loans increased by 2.8 trillion yuan, of which short-term loans increased by 1.33 trillion yuan and medium - and long-term loans increased by 1.46 trillion yuan; Enterprise unit loans increased by 12.81 trillion yuan, of which short-term loans increased by 3.84 trillion yuan, medium and long-term loans increased by 9.71 trillion yuan, and bill financing decreased by 892.4 billion yuan; Loans from non banking financial institutions decreased by 1.5 billion yuan. In June, RMB loans increased by 3.05 trillion yuan, an increase of 229.6 billion yuan year-on-year.

At the end of June, the balance of foreign currency loans was 712.9 billion US dollars, a year-on-year decrease of 20.1%. In the first half of the year, foreign currency loans decreased by 28.7 billion US dollars, an increase of 8.6 billion US dollars year-on-year. In June, foreign currency loans decreased by $8.6 billion, a year-on-year decrease of $8.7 billion.

RMB deposits up by 20.1 trillion yuan in first half of 3.

At the end of June, the balance of local and foreign currency deposits was 284.67 trillion billion yuan, up 10.5 percent year on year. The balance of RMB deposits at the end of the month was 278.62 trillion billion yuan, an increase of 11% year-on-year, and the growth rate was 0.6 percentage points lower than the end of the previous month and 0.2 percentage points higher than the same period last year.

In the first half of the year, RMB deposits increased by 20.1 trillion yuan, an increase of 1.3 trillion yuan year-on-year. Among them, household deposits increased by 11.91 trillion yuan, non-financial enterprise deposits increased by 4.96 trillion yuan, fiscal deposits decreased by 12.5 billion yuan, and deposits from non banking financial institutions increased by 1.08 trillion yuan. In June, RMB deposits increased by 3.71 trillion yuan, a year-on-year decrease of 1.12 trillion yuan.

At the end of June, the balance of foreign currency deposits was 837.4 billion US dollars, a year-on-year decrease of 15.1%. In the first half of the year, foreign currency deposits decreased by 16.6 billion US dollars, an increase of 6.3 billion US dollars year-on-year. In June, foreign currency deposits decreased by $14.4 billion, a year-on-year increase of $16.6 billion.

4、 The monthly weighted average interest rate for interbank lending in the interbank RMB market in June was 1.57%, and the monthly weighted average interest rate for repurchase of pledged bonds was 1.67%

In the first half of the year, the interbank RMB market achieved a total transaction volume of 1014.23 trillion yuan through lending, spot bonds, and repurchase, with a daily average transaction volume of 8.25 trillion yuan, a year-on-year increase of 22.4%. Among them, the daily average transaction volume of interbank lending increased by 9.2% year-on-year, the daily average transaction volume of spot bonds increased by 14.6% year-on-year, and the daily average transaction volume of pledging repurchase increased by 25.5% year-on-year.

The weighted average interest rate for interbank lending in June was 1.57%, which was 0.07 and 0.01 percentage points higher than the same period last month and the previous year, respectively; The weighted average interest rate for pledging repurchase is 1.67%, which is 0.12 and 0.1 percentage points higher than the same period last month and the previous year, respectively.

Balance of 5. country's foreign exchange reserves $3.19 trillion

At the end of June, the balance of the country's foreign exchange reserves was $3.19 trillion. At the end of June, the exchange rate of RMB was 7.2258 yuan to 1 US dollar.

In the first half of 6., the amount of cross-border RMB settlement under current account was 6.3 trillion yuan, and the amount of cross-border RMB settlement for direct investment was 3.53 trillion yuan.

In the first half of the year, the amount of cross-border RMB settlement under current account was 6.3 trillion yuan, of which trade in goods, trade in services and other current accounts were 4.84 trillion yuan and 1.46 trillion yuan respectively; the amount of cross-border RMB settlement for direct investment was 3.53 trillion yuan, of which foreign direct investment and foreign direct investment were 1.19 trillion yuan and 2.34 trillion yuan respectively.

Note 1: The current data is preliminary.

Note 2: Since 2015, RMB, foreign currency, and domestic and foreign currency deposits include deposits from non banking financial institutions, while RMB, foreign currency, and domestic and foreign currency loans include loans to non banking financial institutions.

Note 3: The enterprise unit loans in the report refer to non-financial enterprise and government group loans.

Note 4: Starting from December 2022, "circulating currency" includes circulating digital RMB. At the end of December, the balance of digital RMB in circulation was 13.61 billion yuan. After revision, there was no significant change in the growth rate of M1 and M2 at the end of each month in 2022. The revised M0 growth rate is as follows:

Note 5: Starting from January 2023, the People's Bank of China will include three types of non deposit financial institutions in the banking industry, namely consumer finance companies, wealth management companies, and financial asset investment companies, in the scope of financial statistics. At the end of January 2023, the balance of loans from three types of institutions was 841 billion yuan, an increase of 5.7 billion yuan that month; The deposit balance is 22.2 billion yuan, an increase of 2.7 billion yuan in the current month. The data in the article are calculated based on comparable caliber.