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Trading news
18 Sep 2017
China SAFE: Cross border capital flows becoming more balanced
China’s fx regulator, the State Administration of Foreign Exchange (SAFE) published its latest report on the net Yuan trade for the month of August, citing:
China's banks sold net 27.6bln Yuan of fx in Aug
Bought 884.9bln Yuan for clients
Cross border capital flows becoming more balanced
Expected to become more stable, orderly and balanced