Chinese banks report net forex purchase in April
Xinhua
17 May 2022, 21:49 GMT+10
BEIJING, May 17 (Xinhua) -- Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Tuesday.
Chinese lenders bought 229.7 billion U.S. dollars worth of foreign currencies and sold 210.6 billion dollars' worth in April. It resulted in a net purchase of 19 billion dollars, 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.
Subscribe and Follow
Get a daily dose of Santa Barbara Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Santa Barbara Post.
More InformationNats' Juan Soto avoids major calf injury
Washington Nationals star Juan Soto said Monday "everything was fine" with his left calf but that he will miss a ...
White Sox reinstate RHP Liam Hendriks, OF Adam Engel from IL
The Chicago White Sox reinstated closer Liam Hendriks from the 15-day injured list and outfielder Adam Engel from the 10-day ...
Last-place Fever take another shot at Tina Charles, Storm
The Indiana Fever will aim to snap a four-game losing streak Tuesday when they host the Seattle Storm in Indianapolis. ...
China fumes over NASA official's remark that its space program is a military program
Beijing [China], July 5 (ANI): China on Monday opposed remarks made by an official of NASA on its space program ...
PM Modi extends greeting to Biden on 246th Independence Day of USA
New Delhi [India], July 5 (ANI): Prime Minister Narendra Modi on Monday greeted US President Joe Biden on the 246th ...
'Hammering' Hank Goldberg dies at 82
Sports handicapping expert Hank Goldberg died Monday on his 82nd birthday after a lengthy battle with kidney disease. Goldberg's family ...
Rescuers find 3 alive, 27 missing after boat sinks off Hong Kong
HONG KONG: An engineering vessel with 30 people on board went missing 200 miles off Hong Kong after it snapped ...
As Covid cases rise in France, no return to mandatory restrictions
NICE, France -As some 1,000 Frenchmen are being hospitalized daily with Covid infections, French officials have "invited" or "recommended" the ...
In "geopolitical signal," UE, New Zealand sign free trade pact
BRUSSELS, Belgium: Negotiations on a free trade agreement between the European Union and New Zealand ended successfully this week, paving ...
After shark kills swimmer, Egyptian authorities close Red Sea beach
CAIRO, Egypt: Egyptian authorities have prohibited swimming in a stretch of the Red Sea after an Australian woman was killed ...
US flight attendant to mark 65 years serving air passengers
NEW YORK CITY, New York: Bette Nash, age 86, has been named the longest serving flight attendant in the world, ...
UK parliament tells members to leave babies at home
LONDON, England: A UK parliamentary committee has told lawmakers that they may not bring babies to parliamentary proceedings and debates.The ...
