Dec 21, 2010 05:36 PM

Forex Purchasing Pace Slows Down

(Beijing) -- The People's Bank of China spent an additional 319.6 billion yuan in November purchasing foreign currency to pay Chinese exporters and foreign investors, according to an update posted on the website of the central bank.

The November figure was much less compared to the 530.2 billion yuan in October, but was the second highest monthly addition since September 2009.

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