Category: Forex News

Chinese Banks Report Slight Forex Settlement Surplus In February

By Published On: March 16, 20240.3 min readViews: 1760 Comments on Chinese Banks Report Slight Forex Settlement Surplus In February

BEIJING, (UrduPoint / Pakistan Point News – 16th Mar, 2024) China‘s commercial banks saw a net forex settlement surplus of 12 billion Yuan (about 1.69 billion U.S. Dollars) in February, official data showed on Friday.

In yuan terms, forex purchases by banks stood at about 1.09 trillion yuan, while sales reached about 1.08 trillion yuan, data from the State Administration of Foreign Exchange showed.




Source link


Discover more from BIPNs

Subscribe to get the latest posts to your email.

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Share your opinion. And leave a reply within the comments from below.


Discover more from BIPNs

Subscribe to get the latest posts to your email.