Chinese banks report net forex purchase in December
Xinhua |
Updated: 2022-01-21 14:25
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BEIJING - Chinese banks saw net foreign exchange purchase last month, data from the country's forex regulator showed Friday.
Chinese lenders bought $279.7 billion worth of foreign currencies and sold $233.7 billion worth in December, resulting in a net purchase of $46 billion, the State Administration of Foreign Exchange said in a statement.
In 2021, the banks recorded a net forex purchase of $267.6 billion, the data showed.
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