23.07.2013 - China sees no major forex withdrawal: regulator
Chinese banks bought less foreign exchanges than they sold in its bank-to-client forex transactions in June, registering a deficit of $400 milliondollars, latest data showed Monday. It is the first such deficit since September, according to the State Administration of Foreign Exchange (SAFE). Bank-to-client foreign exchange transactions are a major source of fluctuation in China's foreign exchange reserves...............................................Full Article: Source
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