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Tag Archives: Billion

First Citizens CEO: Forex reserves continue healthy

As it stated in First Citizens CEO: Forex reserves continue healthy First Citizens Group Chairman Anthony Intelligent & 1st Citizens Group chief executive officer Karen Darbasie in discussion ahead of 21st Annual Meeting of shareholders of 1st Citizens Bank Ltd, Hilton Trinidad, on February 23, 2018. PHOTO with SASHA HARRINANANFIRST …

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China banks’ net forex sales stood at 56 billion U.S. dollars

Chinese banks sold a net $14.9 billion of foreign exchange in April, up from $11.6 billion a month earlier, the country’s forex regulator said Wednesday. Pressure to move money out of China has eased recently, helped by a weaker U.S. dollar and tighter capital controls. The volume of offshore financing …

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