China : July forex reserves fall to $3.20 trillion
Sun Aug 07 2016
Austin Collins (257 articles)

China : July forex reserves fall to $3.20 trillion

BEIJING : China’s foreign exchange reserves fell to $ 3.20 trillion in July, central bank data showed on Sunday, matching forecasts.

Economists polled by Reuters had predicted reserves would fall to $ 3.20 trillion from $ 3.21 trillion at the end of June.

China’s reserves, the largest in the world, fell by $ 4.10 billion in July. The reserves rose $ 13.4 billion in June, rebounding from a 5-year low in May.

Austin Collins

Austin Collins

Austin Collins is our Europe, Asia, & Middle East Correspondent. He covers news related to Stock Market. In past he has worked for many prestigious news & media organizations. He is based in Dubai

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