Tag Archives: foreign exchange

Forex reserves increase for the sixth consecutive month

China’s foreign exchange reserves grew for a sixth consecutive month in July, as a stronger yuan and strengthened oversight over outbound investment helped curb capital outflows.

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Outbound cash flow slows in June

China faces less pressure from capital outflows, according to data released by its currency regulator on Thursday, and economists said the situation may continue to improve in the second half of this year.

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Nation’s capital outflows look to be easing

A narrowed decline in foreign exchange bought by the central bank last month indicates capital outflows from China are easing, contributing to yuan stabilization, according to analysts.

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China trims US stake to 2-yr low

China reduced its holdings of US debt in October to a 20-month low, and analysts’ interpretation of the decline ranged from China being less inclined to participate in the foreign-exchange (FX) market to a positive development for the United States.

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