chinese currency
Further growth of the China’s foreign exchange reserves
Thu, 10/16/2008 - 20:25 — fxAccording to the announcement made by the officials of the central bank of the country the foreign exchange reserves of the China increased up to $1.905 trillion at the end of September. However the foreign exchange reserves of the country were also growing throughout the previous quarters of the year and came to the point of $377 billion. But this number shows us a certain gradual decrease in the rate of accumulation that became apparent after the financial crisis affected Chinese economy.
