Posts Tagged ‘$2 trillion’

China’s foreign currency reserves have risen above $2 trillion

Friday, July 24th, 2009

(PTI): China’s foreign currency reserves have risen above US 2 trillion dollars in the second quarter of 2009, new data from the People’s Bank of China shows.

China’s foreign exchange reserves have soared 17.8% from June 2008 to a record US 2.13 trillion. The country’s reserves climbed as foreign investment poured back into the world’s largest foreign reserves after overseas investors identified (more…)