- SAFE: Chinese commercial banks bought a net $12.1 billion of Forex in January
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22 fevereiro 2019
SAFE: Chinese commercial banks bought a net $12.1 billion of Forex in January
The State Administration of Foreign Exchange (SAFE) said, China's commercial banks purchased a net $12.1 billion of foreign exchange in January, compared with a net sale of $7.1 billion in December.
Expectations of China's forex market improved last month, thanks to Beijing's measures to arrest an economic slowdown, said Wang Chunying, a SAFE spokeswoman, added that retail investors' FX purchases continued to decline, falling 11% in January from the previous year.
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