Fast Figure: China FX Turnover

The latest settlement numbers show a narrowing in the market.

July 2018 bank settlement numbers show narrowing of the market. Settlement lowered to 168 as sales rose to 178 billion. Surplus dropped into a $9 billion deficit. This is a change from May 2018 when the surplus was $19 billion. Especially given the ongoing trade war, it is worth watching the net capital flows.

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