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In what range is the year-on-year growth rate of the balance of local and foreign currency deposits in China?
Within the following range:

1. Money supply growth rate (M2): China banks usually set the growth target of M2, and local and foreign currency deposits are part of M2. According to the objectives and policies of Bank of China, the growth rate of M2 is usually controlled within a reasonable range, from 8% to 65,438+00%.

2. Growth rate of foreign exchange reserves: China's foreign exchange reserves refer to foreign currency assets held by the Central Bank of China. As foreign exchange reserves are mainly accumulated through international trade and capital flows, the growth rate of foreign exchange reserves will be affected by many factors. In recent years, the growth rate of China's foreign exchange reserves has fluctuated, but it usually stays within the range of billions of dollars per unit.