China central bank says sold net 28bn yuan in forex in November

BEIJING: China sold a net 27.9 billion yuan worth of foreign exchange in November, central bank data showed on Monday.
19 Dec, 2011

The figure marks the second consecutive month of net capital outflows in four years, in part due to a withdrawal of funds by developed countries from emerging economies due to a festering euro debt crisis.

Copyright Reuters, 2011

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