On April 13th, data from the central bank showed that as of the end of March, the balance of domestic and foreign currency deposits was 322.11 trillion yuan, a year-on-year increase of 6.9%. At the end of the month, the balance of RMB deposits was 315.22 trillion yuan, a year-on-year increase of 6.7%. In the first quarter, RMB deposits increased by 12.99 trillion yuan. Among them, household deposits increased by 9.22 trillion yuan, non-financial enterprise deposits increased by 1.74 trillion yuan, fiscal deposits increased by 819 billion yuan, and non banking financial institution deposits increased by 309 billion yuan. At the end of March, the balance of foreign currency deposits was $959.8 billion, a year-on-year increase of 15.3%. Foreign currency deposits increased by $106.9 billion in the first quarter.
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