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  • Friday, 23 October 2020

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Chinese banks report forex settlement surplus in September

Posted 2020-10-23, China Daily
Photo: Creative Commons / Chris Yunker
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BEIJING -- China's commercial banks saw a net forex settlement surplus of 26.9 billion yuan (about $4 billion) in September, the country's forex regulator said on Friday.

Forex purchases by banks stood at over 1.23 trillion yuan last month, while sales came in at almost 1.21 trillion yuan, data from the State

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