Chinese Banks Report $45.3 Billion Settlement Deficit in January
Beijing, 19 Feb (ONA) --- China's commercial banks saw a forex
settlement deficit of USD 45.3 billion in January 2025.
Forex purchases by banks reached USD 181.5 billion, while
sales stood at USD 226.8 billion, data from the Chinese
Administration of Foreign Exchange (SAFE) showed.
China's foreign exchange market has been operating in a steady
and orderly fashion since the start of ...