China’s Foreign Exchange Experience the Largest Drop in December 2015

Posted on 01/10/2016


China’s massive pool of foreign reserves fell by a record US$ 107.9 billion to US$ 3.33 trillion in December 2015. This is according to data from the People’s Bank of China (PBoC). In November, reserves fell by US$ 87 billion. In 2015, Chinese reserves dropped by more than US$ 512 billion in 2015. Why is […]

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