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

    Sep 9, 2015
    Likes Received:
    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]

    Continue reading...

Share This Page

free forex signals