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China PBOC, commercial banks bought net foreign exchange in October

Discussion in 'Fundamental Analysis' started by ForexLive, Nov 16, 2015.

  1. ForexLive

    ForexLive Forum Member

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    The People’s Bank of China, along with commercial banks, bought net 12.9 billion yuan ($2.02 billion) worth of foreign exchange in October, data showed on Sunday, stemming heavy sales in the previous three months that underlined capital outflows.

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