September 28, 2017 / 9:38 AM / a year ago

China's final Q2 current account surplus at $50.9 billion - FX regulator

BEIJING (Reuters) - China posted a final current account surplus of $50.9 billion in the second quarter, compared with a preliminary surplus of $52.9 billion, the foreign exchange regulator said on Thursday.

FILE PHOTO: U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo

For the April-June period, China recorded a $400 million deficit in its capital and financial account, versus a preliminary deficit of $52.9 billion, the State Administration of Foreign Exchange said on its website.

For the first half this year, China’s final current account surplus stood at $69.3 billion while the capital and financial account deficit was at $38.9 billion.

Reporting by Beijing Monitoring Desk; Editing by Gopakumar Warrier

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