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China’s FX regulator, State Administration of Foreign Exchange (SAFE), is out on the wires now, with the key headlines found below.

Current account balance will remain in a reasonable range in H2.

Expects cross-border capital flow to maintain stable in H2.

To actively curb cross-border capital flow risks.

Current account deficit equivalent to 0.4% of GDP in H1.

China’s current-account surplus stood at $5.3 billion in Q2.