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View Full Version : China's Forex Reserves Show First Decline in Three Months - Bloomberg



NewsWhore
04-24-2012, 05:00 AM
China's Forex Reserves Show First Decline in Three Months (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH_CoZwAFKN8DDhXkBRqehFF8QvOQ&url=http://www.bloomberg.com/news/2012-04-24/china-s-forex-reserves-show-first-decline-in-three-months-1-.html)
Bloomberg
March's drop, while smaller than the monthly declines in November and December, indicates the country can no longer rely on foreign-currency inflows to boost domestic liquidity, according to analysts including Dariusz Kowalczyk at Credit Agricole CIB ...

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