News Details

CHINA-ECONOMY: FOREX RESERVES

The People's Bank of China (PBoC) released the official Foreign Exchange reserve data on August 7, 2018. It revealed that Reserves rose $5.82 billion in July from the previous month to $3.118 trillion, after inching up $1.51 billion in June. 

(Comment: Economists polled by The Wall Street Journal had expected a $5 billion decline.)