10.03.2015, 07:47
Central Bank of the Republic of China: Foreign Exchange Reserves as of the End of February 2015
OREANDA-NEWS. Central Bank of the Republic of China: Foreign Exchange Reserves as of the End of February 2015.
The foreign exchange reserves of the Republic of China amounted to US\$417.83 billion as of the end of February 2015, showing an increase of US\$1.92 billion from the figure recorded at the end of the previous month.
The foreign exchange reserves of the Republic of China amounted to US\$417.83 billion as of the end of February 2015, showing an increase of US\$1.92 billion from the figure recorded at the end of the previous month.
The factors responsible for the increase in the foreign exchange reserves in February 2015 are:
1.Returns from foreign exchange reserves management.
2.The
appreciation of the euro and other reserve currencies against the US
dollar. Foreign exchange reserves denominated in these currencies were
worth more in terms of the base currency, the US dollar.
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