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RSS FeedsChina´s foreign exchange reserves climb for 10th straight month
(WorldNews China)

 
 

7 december 2017 11:31:58

 
China´s foreign exchange reserves climb for 10th straight month
(WorldNews China)
 




China’s foreign exchange reserves rose for a 10th straight month in November, though slightly less than market expectations, as tight regulations and a strong yuan continued to discourage capital outflows. Capital flight had been seen as a major risk for China at the start of the year, but a combination of tighter capital controls and a faltering dollar helped the yuan stage a strong turnaround, bolstering confidence in the economy. Reserves rose US$10 billion in November to US$3.119......
 
12 viewsCategory: General > Asia > China
 
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