Chinese banks report net forex purchase in February
Source: Xinhua | 2022-03-19
Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Friday.
Chinese lenders bought 160.1 billion U.S. dollars worth of foreign currencies and sold 155.9 billion dollars' worth in February. It resulted in a net purchase of 4.2 billion dollars, said the State Administration of Foreign Exchange.
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