Forex reserves met the first time decline since 2003
January 4th, 2009
A State Administration of Foreign Exchange official has said that China’s foreign exchange reserves have decrease for the first time in five years after peaking at $1.9 trillion at the end of September.
Based on the remarks of Cai Qiusheng, head of the foreign debts section under the capital-account management department at an annual meeting of China’s import and export enterprises, China’s forex reserves declined Read more…
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