China banks convert record forex amount in January – MarketWatch
 DailyFX |
China banks convert record forex amount in January
MarketWatch BEIJING (Caixin Online) — Money supply to the market resulting from foreign exchange being converted to yuan at banks surged in January, data from the central bank shows. The bank uses funds outstanding for foreign exchange to estimate the amount of … PBC reacts to record forex buy China Forecasts See More Spending and Greater Budget Deficit Chinese banks see record forex surplus in Jan |
