3 trillion dollars in China's foreign reserves in January

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3 trillion dollars in China's foreign reserves in January

 

Source:

• BEIJING (Reuters)

History: 12 February 2019

China's foreign exchange reserves rose slightly more than expected in January as the yuan surged in the hope of progress in China-US trade talks that could ease pressure on China's slowing economy. Central bank data showed China's reserves rose by $ 15.2 billion in January, An increase in general to $ 3.088 trillion. This comes in comparison with an increase of $ 11 billion in December.

Economists in a Reuters poll forecast an increase of $ 9.3 billion. China's gold reserves rose to 79.319 billion dollars, from 76.331 billion dollars at the end of December.