Forex purchases rise for third straight month
By Wei Tian in Beijing and Yu Ran in Shanghai | China Daily | Updated: 2013-04-12 07:31
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An Industrial and Commercial Bank of China Ltd outlet in Shanghai. China's financial institutions added 295.4 billion yuan ($47.67 billion) in the purchase of foreign exchange in February. Provided to China Daily |
Economists expect central bank to control capital flows, drain liquidity
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