China's Foreign Exchange Reserves Increase by over 250 Billion Yuan in November
Published:
2009-12-30
Latest data from China's central bank reveal that China's foreign exchange reserves increased by 254.3 billion yuan (＄37.2 billion) in November - the second highest monthly rise this year - to a cumulative total of 19.1 trillion yuan (＄2.79 trillion) for the year. Some analysts say that hot money made up a substantial part of the large increase in reserves.
Source
The Beijing News
Google Translation
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