Forex Reserves


China central bank deflects concerns over forex reserves

The vice-governor of China’s central bank on Sunday deflected concerns over the possibility of an extended fall in the country’s foreign exchange reserves and reaffirmed confidence in the strength of ... Read More
PBC China Central Bank 1

China Forex Reserves Fall to Lowest Level in More Than Two Years

Numbers suggest Beijing is struggling to control capital outflows as a U.S. rate increase looms China’s foreign-exchange hoard fell in November to its lowest level in more than two ... Read More

$354 billion foreign exchange reserves too small to fight a crisis: World Bank

“In today’s world where China has $4 trillion in foreign exchange reserves, $354 billion is not enough in case an exchange rate-related issue breaks out.” World Bank chief economist ... Read More

India has forex reserves to stabilise currency volatility: RBI

Forex reserves of around $380 billion would be used if needed to subdue the volatility in the currency market, said RBI Governor On a day when the rupee and stock ... Read More
bank of russia

Bank of Russia Buys Another $200 Million for Forex Reserves

The Bank of Russia continued to intervene in the foreign exchange market last week after it bought another $ 200 million, the bank said on Monday. The central bank–which ... Read More
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