Earlier headline here: PBOC sold 208.8bn yuan in January (Reuters calculation)
Some more detail up now from Reuters if you're interested:
- PBOC sold a 208.8 billion yuan ($30.42 billion) worth of foreign exchange in January (net sales of 317.8 billion yuan in December and 644.54 billion yuan in January 2016)
- The least in five months
- Amid signs capital flows have lessened as the yuan steadies against the dollar
Reuters adds:
- Data on Thursday seemed to confirm that closer scrutiny of outflows are working, as outbound direct investment from China fell 35.7 percent in January compared to a year earlier.