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Surging forex reserve marks inflow of international capital (People’s Daily)

16th July 2009

Surging forex reserve marks inflow of international capital (People’s Daily)

posted in News |

&$ &$Rapid growth of forex reserves might lead to RMB appreciation pressure&$ &$ &$ &$More foreign exchange reserves should be in private hands&$ &$ The People’s Bank of China (PBOC) announced on July 15 that the country’s forex reserve reached 2.13 trillion USD at the end of June. Amid the global financi …

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