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China’s Forex Reserves Plunge to More-Than-Three-Year Low
Keywords:
China's foreign exchange reserves held by PBOC end of August 2015 at $3.56 trillion, a drop of $93.9 billion in August
09/07/2015
Foreign exchange intervention led to a decline in foreign currency reserves in August by $93.9 billion, according to the PBOC. An estimated 40% of the foreign currency reserves are in U.S. Treasurys.
Grouped Articles
China’s Forex Reserves Fall by Record $93.9 Billion on Yuan Intervention
Wall Street Journal 09/08/2015
China, Trying to Bolster Currency, Taps Foreign Reserves
New York Times 09/07/2015
Japanese Deflation Threat Hangs Over China
Wall Street Journal 11/20/2015
Confused by China’s Yuan? It’s Intentional
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China’s Forex Reserves Plunge to More-Than-Three-Year Low
Wall Street Journal 02/08/2016
Wall Street Journal 02/08/2016
China's potential capital outflows in 2016-2017 if 1-2% of the urban population convert the max of $50,000 from yuan to dollars- $370 billion -$740 billion
01/15/2016
The most affluent of the $737 million Chinese in cities could become nervous about loss of value in the currency and convert up to the maximum of $50,000. This would lead to larger capital outflows than the PBOC has in mind., says Aaron Back of the WSJ in Jan. 2016. This worries the central bank PBOC, because the reserves of $3.3 trillion include illiquid investments such as loans to Venezuela on oil assets, the Asian Infrastructure Bank and other investments. With its large and aging population China also has to keep reserves for future Social Security and other plans.
Grouped Articles
China’s Jittery Savers Could Pose Capital-Flight Threat
Wall Street Journal 01/15/2016
Economist 01/19/2016
Currency War: U.S. Hedge Funds Mount New Attacks on China’s Yuan
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China’s Forex Reserves Plunge to More-Than-Three-Year Low
Wall Street Journal 02/08/2016
Wall Street Journal 02/08/2016
China Stanches Flow of Money Out of the Country, Data Suggests
New York Times 04/07/2016
China's foreign exchange reserves in 2015 following currency intervention in markets
09/07/2015
Grouped Articles
China, Trying to Bolster Currency, Taps Foreign Reserves
New York Times 09/07/2015
China Takes a Smoother Path to Currency Devaluation
Wall Street Journal 11/25/2015
China’s Forex Reserves Plunge to More-Than-Three-Year Low
Wall Street Journal 02/08/2016
Wall Street Journal 02/08/2016
China's capital controls and foreign exchange reserves
01/03/2011
Grouped Articles
A Top Manager Resigns from Foreign Exchange Agency
New York Times 01/28/2014
Wall Street Journal 08/25/2015
China’s Forex Reserves Fall by Record $93.9 Billion on Yuan Intervention
Wall Street Journal 09/08/2015
China, Trying to Bolster Currency, Taps Foreign Reserves
New York Times 09/07/2015
China’s Forex Reserves Plunge to More-Than-Three-Year Low
Wall Street Journal 02/08/2016
Wall Street Journal 02/08/2016
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