06.07.2015, 16:52
Bank of China: Foreign Exchange Reserves as of the End of June 2015
OREANDA-NEWS. The foreign exchange reserves of the Republic of China amounted to US$421.41 billion as of the end of June 2015, showing an increase of US$2.45 billion from the figure recorded at the end of the previous month.
The factors responsible for the increase in the foreign exchange reserves in June 2015 are:
1. 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.
2. Returns from foreign exchange reserves management.
The factors responsible for the increase in the foreign exchange reserves in June 2015 are:
1. 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.
2. Returns from foreign exchange reserves management.
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