• China's central bank continued to sell its holdings of foreign exchange in February

Market news

14 March 2019

China's central bank continued to sell its holdings of foreign exchange in February

According to data released on Thursday, China's central bank continued to sell its holdings of foreign exchange in February, but by a much smaller amount.

The People's Bank of China said it sold a net 330 million yuan ($49.2 million) of foreign exchange in February, leaving the total forex purchase position at 21.25 trillion yuan ($3.168 trillion). In January, the central bank sold a net 1.21 billion yuan.

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