Comments 
Print 
Mail 
Large Medium SmallThe People's Bank of China said that Chinese banks made a net foreign-exchange purchase of 397.9 billion yuan ($65.5 billion) in November.
It was the second-largest tally this year, according to The Wall Street Journal. October saw a net inflow of 441.6 billion yuan.
Analysts believe the figures are speculative, betting on the strengthening of the yuan against the US dollar.
The Chinese yuan has appreciated around 2.6 percent against the greenback year-to-date.
Things don't look good for this little pig
Relief work begins after quake in C China
2,800-year-old fossilized eggs exhibited
Chinese man has his right hand grafted to leg
Ice breakers on Songhuajiang River
1,400 travelers stranded by snow in SW China
Snowstorms cause chaos for travelers in Yunnan
Snow hits SW China's Yunnan province
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
