virtualreview

china: news and opinion

More foreign exchange reserves should be in private hands

&$&$Rapid growth of forex reserves might lead to RMB appreciation pressure&$&$ &$&$Surging forex reserve marks inflow of international capital&$&$ On July 15 the People's Bank of China declared that national foreign exchange reserves had reached... ...full story at People's Daily

from People's Daily on Thu, Jul 16 2009

see also:

30 Jan 08 visit PM Exchange - Jan 29  »  YouTube videoForex TV - CFR's Setser weighs in on the USD, ahead of Wednesday's FOMC rate announcement. Central bank monetary policy, economic growth in China, and the USD peg of oil-exporting countries are discussed.
16 Jul 09 visit Surging forex reserve marks inflow of international capital  »  People's Daily &$&$Rapid growth of forex reserves might lead to RMB appreciation pressure&$&$ &$&$More foreign exchange reserves should be in private hands&$&$ The People's Bank of China (PBOC) announced on July 15 that the country's forex reserve reached 2.13...
16 Jul 09 visit Rapid growth of foreign exchange reserves might lead to RMB appreciation pressure  »  People's Daily &$&$Surging forex reserve marks inflow of international capital&$&$ &$&$More foreign exchange reserves should be in private hands&$&$ China's foreign exchange reserves have again picked up momentum since March this year increasing by 177.87 billion...
14 Oct 08 visit China forex reserves hit $1.9 trln by Sept.  »  People's Daily China's central bank said on Tuesday that the country's foreign exchange reserves reached 1.9056 trillion U.S. dollars by September this year. &$&$Source:Xinhua&$&$ ...
15 Oct 08 visit Forex reserves hit record  »  People's Daily The country's foreign exchange reserves reached a record of $1.91 trillion at the end of September, an increase of 32.92 percent from the same period last year, the central bank said yesterday. A total of $377.3 billion was added to the foreign...
23 Dec 08 visit China's recent decrease in forex reserves considered good  »  People's Daily It is a good phenomenon for China's mammoth foreign exchange reserves to diminish for the timebeing, some experts believed. China's forex reserves peaked at 1.9 trillion U.S. dollars at the end of September, now they were below that figure,...

« Today's Stories