China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's foreign exchange reserves dropped by 99.47 billion U.S. dollars from December to 3.23 trillion U.S. dollars at the end of January, the central bank said Sunday. The decrease was milder than a month-on-month decline of 107.9 ...
Tags: Forex Reserves, foreign exchange
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange
A leading domestic rating agency India Ratings has projected a 7.7 per cent growth this fiscal driven by domestic demand. The projection is marginally low from the official growth forecast of 7.9 per cent. "We expect GDP to grow by 7.7 ...
Hong Kong's official foreign exchange reserves have been USD 303.9 billion at the end of August, adding USD 4 billion over USD 299.9 billion at the end of July, according to HKMA. It is more than seven times of Hong Kong's currencies in ...
Tags: HK, economy, Forex Reserves
It goes without saying that China has proven it is a true heavyweight global contender. The herculean growth achieved by China over the past two decades is unprecedented in the annals of human history. China has overtaken Japan to become ...
Tags: China, Standard and Poor's, data, economy
With the cross-Taiwan Strait currency clearance mechanism ready for launch, Perng Fai-nan, governor of the Central Bank of China (CBC), said yesterday (Dec. 12) that the CBC will strive to obtain renminbi-business quota higher than Hong ...
Tags: Taiwan, better treatment, Renminbi business
Perng Fai-nan, governor of the Central Bank of China (CBC), confirmed for the first time yesterday (Dec. 12) that due to the need of deployment, a certain sovereign wealth fund from the Middle East has invested in Taiwan’s stock ...
Tags: CBC, sovereign wealth fund, Middle East, stock market
Taipei, Nov. 16, 2012 (CENS)--Chang Sheng-ford, minister of finance, stated yesterday (Nov. 15) that the four major public funds are now under the jurisdiction of different government agencies and score unsatisfactory returns in outsourcing ...
Tags: Chang Sheng ford, public fund, sovereign fund, finance
Taipei,Oct.12,2012--Taiwan's foreign exchange reserves increased US$3.728 billion from a month earlier to US$397.954 billion at the end of September,remaining the world's fourth largest holder of forex reserves,according to the central ...