China's banks sold net 27.6bln yuan of fx in Aug

China's state fx regulator SAFE out with their latest report 18 Sept

  • bght 884.9bln yuan for clients
  • sold 912.5bln yuan

SAFE says:

  • cross border capital flows becoming more balanced
  • expected to become more stable, orderly and balanced

"stable, orderly and balanced" " Surely they didn't mean us Chi Chi ?"

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