Dec 08 - Central bank Records First Monthly Decline in Foreign Exchange Reserve in 8 Years

Source: Xinhua, ChinaScope Financial (Data)

+  The October balance sheet of the People’s Bank of China shows foreign exchange reserves of RMB23.29 trillion, which is RMB89.34 billion less than Sept. and the first monthly decline in eight years.

+  Last time a monthly decline was recorded was in Dec. 2003 when the foreign exchange reserves decreased RMB143.03 billion.

+  Related Data: PBOC’s Foreign Exchange Reserve

PBOC’s foreign exchange reserve dropped in October.

For more data of foreign exchange reserve, please visit www.chinascopefinancial.com


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