China Forex Reserves Hit Record High
By Zhang Fengming |
April 13, 2010, Tuesday
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Print Edition
Print Edition
CHINA'S foreign exchange reserves, the world's biggest, rose to a new high of US$2.45 trillion at the end of March, up 25 percent on a year earlier.
They increased by US$47.9 billion in the first quarter, the People's Bank of China, the nation's central bank, said yesterday on its Website. The growth is US$40.2 billion more than a year ago.
They increased by US$47.9 billion in the first quarter, the People's Bank of China, the nation's central bank, said yesterday on its Website. The growth is US$40.2 billion more than a year ago.
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