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Forex purchases up

12-29-2011 09:39 BJT

China's foreign exchange regulator said Wednesday that Chinese bought more foreign currencies than they sold through Chinese banks in November, resulting in an $800 million forex deficit in banks for the month.

Chinese institutional and individual clients exchanged $128.9 billion in foreign currencies for the yuan in November, and bought $129.7 billion in foreign exchanges from banks, according to a statement by the State Administration of Foreign Exchange, China's forex regulator, on its website.

Agencies

 

Editor:Wang Xi |Source: Global Times

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