virtualreview

china: news and opinion

Forex reserves hit record

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... ...full story at People's Daily

from People's Daily on Wed, Oct 15 2008

see also:

15 Feb 09 visit As China's Exports Slump, Doubts Over Wen's Policies Mount  »  YouTube videoSTRATFOR Podcast 2.12.2009 Chinese Prime Minister Wen Jiabao has pledged to maintain growth, and Beijing still has roughly $2 trillion in foreign reserves to play with. China also does not have balance of payment problems — because imports have dropp...
12 Jul 07 visit Forex reserves swell to $1.33 trillion  »  People's Daily China's foreign exchange reserves increased by $40 billion in June, pushing the total figure to $1.33 trillion, the central bank said yesterday. It was a 41.6 percent increase year-on-year, the People's Bank of China said in a statement ...
12 Apr 08 visit Forex reserves hit $1.68 trillion  »  People's Daily The country's foreign exchange reserves, the world's largest, reached $1.68 trillion by the end of March, an increase of $153.9 billion from the end of last year, the central bank said on Friday. The year-on-year increase was nearly 40 p ...
14 Oct 08 visit China forex reserves hit $1.9 trln by Sept.  »  People's Daily China's central bank said on Tuesday that the country's foreign exchange reserves reached 1.9056 trillion U.S. dollars by September this year. &$&$Source:Xinhua&$&$ ...
11 Apr 08 visit Forex reserve reaches US$1.68 trillion  »  Shanghai Daily CHINA'S foreign exchange reserve reached US$1.68 trillion at the end of March, up 39.94 percent on the same period last year, the People's Bank of China announced yesterday. A total of US$153.9 billion was added...
16 Jul 09 visit More foreign exchange reserves should be in private hands  »  People's Daily &$&$Rapid growth of forex reserves might lead to RMB appreciation pressure&$&$ &$&$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...

« Today's Stories