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Chinese banks see smaller forex surplus

By Jerry Lawrence,2015-02-22 08:22
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Chinese banks see smaller forex surplus Chinese banks bought more foreign currency from clients than they sold in May, although the surplus was less than that of previous months, indicating relieved pressure from capital inflows. The forex surplus hit $17.2 billion in May, marking the ninth straight month of surplus in bank-to-client forex transactions, the State Administration..
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