BEIJING, June 16 (Xinhua) — China’s banks saw a net forex settlement surplus of 3.3 billion U.S. dollars in May, the country’s forex regulator said on Thursday.
Forex purchases by banks totaled 199.3 billion dollars last month, and sales reached 196 billion dollars, data from the State Administration of Foreign Exchange shows.
During the first five months, forex purchases by banks came in at 932.2 billion dollars, and sales totaled 938.7 billion dollars.