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Chinese banks record net forex purchase in April
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  • //english.dbw.cn  2018-05-18 16:41:13
     

    Chinese commercial banks recorded a net foreign exchange purchase in April, compared with a net sale in March, the country's forex regulator said Friday.

    Chinese lenders bought 157.4 billion U.S. dollars' worth of foreign currencies and sold 146.7 billion dollars last month, resulting in a net purchase of 10.6 billion dollars, the State Administration of Foreign Exchange (SAFE) said in a statement.

    In March, the banks saw a net forex sale of 9.2 billion dollars.

    Author:    Source:xinhua    Editor:Yang Fan

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