China FX regulator expects cross-border capital flows to remain stable
China`s forex regulator said on Wednesday that it expects cross-border capital flows to remain stable in the future.
Capital flows in July continued to be basically balanced, the State Administration of Foreign Exchange said.
China`s commercial banks sold a net $15.5 billion of foreign exchange in July, compared with a net sale of $20.9 billion in June, the SAFE said earlier.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.