China Foreign Exchange Reserves
Category:
Foreign Exchange Reserves
Units:
Trillion
In China, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
A higher than expected figure should be seen as positive (bullish) for the CNY while a lower than expected figure should be seen as negative (bearish) for the CNY.
Source:
People's Bank of China
Event Details
Impact:
Low
Country:
Symbol:
CNY
Latest Release
Previous:
$3.232T
Consensus:
$3.25T
Actual:
$3.22T
Next Release
Date:
08:00 AM, 7 Aug 2024 (in 11 days)
Time left:
in 11 days