20.10.2009 - China foreign reserves continue to surge ever higher: $2.27 trillion
From Forexhound.com: China’s foreign-exchange reserves, the world’s biggest, surged as an economic recovery attracted speculative capital and a weak dollar boosted valuations of its yen and euro assets. The holdings climbed about $141 billion in the third quarter to a record $2.273 trillion, the People’s Bank of China said today on its Web site. That was less than the unprecedented $178 billion gain in the second quarter.......................Full Article: Source
Print