Regulators say China forex market most balanced in three years

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China's foreign exchange market embraced the most balanced period in recent three years, said Wang Chunying, spokesperson of the State Administration of Foreign Exchange (SAFE) at a press conference on Thursday.

The cross-border funds flow continue to stabilize in general. Banks bought 772.7 billion U.S. dollars' worth of foreign currency and sold 866.5 billion dollars, resulting in net sales of 93.8 billion dollars in the first half of 2017.

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