Chinese banks report forex settlement surplus in May

 新闻资讯     |      2019-08-01 10:23

China's commercial banks reported a 九五至尊真人网站net forex settlement surplus in May after registering net deficits for three consecutive months.

Forex purchases by banks rose 4 percent month on month in May, while sales dropped by 7 percent, leading to a net forex settlement surplus of 6.2 billion U.S. dollars, the country's forex regulator said Thursday.

This ended net forex settlement deficits seen in the previous three months, with April reporting a net deficit of 11 billion dollars.