App

Chinese banks report net forex purchase in April
Updated: May 17, 2022 19:34 Xinhua

BEIJING — Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed on May 17.

Chinese lenders bought $229.7 billion worth of foreign currencies and sold $210.6 billion' worth in April. It resulted in a net purchase of $19 billion, said the State Administration of Foreign Exchange.

"Given the complicated external and domestic environment, China has continued to witness a net inflow of cross-border capital," said Wang Chunying, the administration's deputy head.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218