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BEIJING, Dec. 16 (Xinhua) -- Chinese banks continued to see net foreign exchange sales in November, and the volume expanded in a sign of rising capital outflows.
Chinese lenders bought 117.9 billion U.S. dollars worth of foreign currency last month and sold 151.3 billion dollars, resulting in a net sale of 33.4 billion dollars, the State Administration of Foreign Exchange said in a statement Friday.
The amount has increased from the 14.6 billion dollars seen in October, suggesting the pressure of capital outflow is rising.
