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Published: 17:24, May 13, 2022 | Updated: 17:30, May 13, 2022
China's new yuan loans at 645.4 billion yuan in April
By Xinhua
Published:17:24, May 13, 2022 Updated:17:30, May 13, 2022 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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