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China's FX regulator says commercial banks bought $8.3bn of forex in June vs $3.3bn in May

China's State Administration of Foreign Exchange: Commercial banks purchase net $8.3 bln of forex in June vs $3.3 bln net purchase in MayCommercial banks purchase net $1.8 bln of forex in H1 The yuan weakened persistently in June. --The State Administration of Foreign Exchange (SAFE) of the People's Republic of China is responsible for drafting rules and regulations related to foreign exchanges, managing China's foreign exchange reserves, and monitoring the balance of payments and the foreign... Read More

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Content Topics

China

Regulator

Says

Commercial

Banks

Bought

3bn

Forex

China s

8 3bn

3 3bn

Posted: Jul 21 2023, 02:11

Author Name: forexlive

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