Home China SAFE: Chinese forex market supply and demand are basically balanced in H1

China SAFE: Chinese forex market supply and demand are basically balanced in H1

Updated: 18 Jul. 2019 | 04:42

China’s forex regulator, the State Administration of Foreign Exchange (SAFE), was out on the wires last minutes, noting that the Chinese forex market supply and demand are basically balanced in H1.

Additional Quotes:

Expects surplus in China’s current account in Q2.

Expects cross-border capital flows to remain basically stable in H2.

Expects small current account surplus in 2019.

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