China’s Forex Reserves Tally Eight Straight Rises in a Three-Year First

China’s Forex Reserves Tally Eight Straight Rises in a Three-Year First

Xu Wei

Date: Tue, 10/10/2017 - 10:12 / source:Yicai
China’s Forex Reserves Tally Eight Straight Rises in a Three-Year First
China’s Forex Reserves Tally Eight Straight Rises in a Three-Year First

(Yicai Global) Oct. 10 -- China’s forex reserves reached USD3.11 trillion last month, an increase of USD17 billion over August, logging eight consecutive rises for the first time since June 2014, per Bank of China data released yesterday.

The nation’s forex reserves were SDR2.2 trillion and SDR2.19 trillion in September and August respectively, per the figures.

Gold reserves contained in the country’s coffers stayed at 5.934 trillion ounces, unchanged since August.

 

Follow Yicai Global on

Keywords: FOREX RESERVES