Foreign currency reserves

This tag is associated with 2 posts

China’s Central Bank Will Need To Cease Forex Interventions By December, Rabobank Says

Posted by EM_Equity ⋅ September 2, 2015 ⋅ 1 Comment

China’s Central Bank, the People’s Bank of China (PBOC), will be forced to refrain from supporting the nation’s currency — the yuan — by early December and allow for the currency to decline, due to a strain on its foreign exchange reserves, according to Rabobank, Bloomberg reports. China will have to keep at least $2.7 trillion … Continue reading →

Era Of Record Foreign Reserve Stockpile In China Over – Economists

Posted by ETFalpha ⋅ January 12, 2015 ⋅ Leave a comment

Foreign currency reserves in China have reached a ceiling of $4 trillion, and won’t rise above this threshold in 2015, according to the majority of economists in a Bloomberg survey. 11 out of 18 polled said the zenith was reached on June 30th of 2014, and 12 said the cash hoard will max out between … Continue reading →