China SAFE: Commercial banks sell net $111.6bln of forex in 2017

Headlines crossed the wires (via Reuters) from China’s fx regulator, the Safe Administration of Foreign Exchange (SAFE), citing:

Commercial Banks Purchase Net $6Bln Of Forex In Dec Vs Net Sale Of $7.5Bln In Nov.

Commercial Banks Sell Net $111.6Bln Of Forex In 2017.