Chinese banks report net forex sales in 2017
Xinhua |
Updated: 2018-01-18 10:55
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BEIJING — China's commercial banks recorded net foreign exchange sales in 2017, the country's forex regulator said Thursday.
Commercial banks bought $1.6441 trillion worth of foreign currencies and sold $1.7557 trillion last year, resulting in net sales of $111.6 billion, according to the State Administration of Foreign Exchange (SAFE).
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