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China's FX Reserves Fell In Feb

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    China's foreign exchange reserves fell by $28.57bn in February to $3.20trn according to official data released on Monday. FX reserves are now at their lowest levels since December 2011 after a four month consecutive decline. After heavy capital outflows and expectations for further yuan deprecation, indications suggest pressure is moderating.[​IMG]

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