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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

China FX reserves climb $138 bln in Q1

Posted on 24 May 2011

China’s foreign exchange reserves increased by $138 billion in the first quarter this year, the country’s currency regulator said on Tuesday, less than a $197 billion surge reported initially by the central bank.
In a statement on its website, the currency regulator also said that China’s current account surplus stood at $29.8 billion in the first quarter, down 18 percent from a year ago……………………………………….Full Article: Source


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