Markets

China Feb forex purchases 128.2bn yuan, lowest since September

Published March 18, 2014 Updated March 18, 2014 04:55am

1 min

By Shoaib Ur Rehman

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BEIJING: China's central bank and commercial banks purchased 128.2 billion yuan ($20.75 billion) worth of foreign exchange on a net basis in February, according to data released on Tuesday.

That was down from January's 437.4 billion yuan, showing China saw decreased net capital inflows in February.

It was the lowest amount of net purchases since September 2013.

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