• China’s foreign-exchange reserves drop in December

Market news

7 January 2016

China’s foreign-exchange reserves drop in December

According to data released by the People's Bank of China (PBoC) on Thursday, China's foreign-exchange reserves declined by $107.9 billion to $3.33 trillion in December, after a drop by $87.2 billion in November. The latest fall was the biggest monthly decline on record.

China's foreign exchange reserves plunged $512.66 billion in 2015. It was the biggest annual fall on record.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.