China Foreign Exchange Reserves
China’s Forex Reserves Decline Further in December to Hover over $3T
Girish Shetti | | Jan 07, 2017 11:29 AM EST |
China's foreign exchange reserves continued its downslide in December as it declined for straight six months to hit a five year low. However, the Chinese government can take respite in the fact that the decline was less than what most analysts had expected.
China's Forex Reserves Hit 4-Year Low in February
Marcel Woo | | Mar 07, 2016 07:50 AM EST |
China's foreign exchange reserves, which are the world's largest, dwindled in February for a fourth straight month, hitting its lowest level since December 2011.
China’s Central Bank Shrugs off Concern Over Falling Forex Reserves
Girish Shetti | | Feb 29, 2016 12:58 PM EST |
Yi Gang, the vice-governor of China's central bank, on Sunday shrugged off concerns about the possibility of an extended fall in China's foreign exchange reserves and reasserted her confidence in the strength of the Yuan.
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