Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

China's Commercial Banks Bought $14.8 Billion of Forex in April

share with twitter share with LinkedIn share with facebook
share via e-mail
05/22/2020 | 05:58am EDT

BEIJING--China's commercial banks purchased a net $14.8 billion worth of foreign exchange in April, down from a net purchase of $18.6 billion in March, official data showed Friday.

The State Administration of Foreign Exchange said Chinese banks purchased a net $53.9 billion worth of forex in the first four months of the year.

Wang Chunying, a spokeswoman with SAFE, said in a statement that demand and supply of the forex market are largely balanced, and the scale of capital inflow seen in major channels such as trade and investment is generally stable.

 

Write to Singapore Editors at singaporeeditors@dowjones.com

 

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Economy & Forex"
01:29pGoldman Sachs commits to new central Paris headquarters
RE
01:21pMeeting of donor group for Palestine (AHLC) on 2 June
PU
01:21pTen Nominations and One Withdrawal Sent to the Senate
PU
01:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
01:16pNEWS HIGHLIGHTS : Top Company News of the Day
DJ
01:15pGerman slump could be deeper than forecast, says economy minister
RE
01:13pU.S. Tightens Squeeze on Venezuela Oil Trade, Blacklisting Four Tanker Owners
DJ
01:06pGerman coalition parties wrestle over fiscal stimulus package
RE
01:04pGerman coalition parties put off decision on coronavirus stimulus package
RE
12:56pCBA CONSUMER BANKERS ASSOCIATION : Automatic PPP Forgiveness Would Save Small Businesses Billions
PU
Latest news "Economy & Forex"