China’s Foreign Exchange Experience the Largest Drop in December 2015
Posted on 01/10/2016
China’s massive pool of foreign reserves fell by a record US$ 107.9 billion to US$ 3.33 trillion in December 2015. This is according to data from the People’s Bank of China (PBoC). In November, reserves fell by US$ 87 billion. In 2015, Chinese reserves dropped by more than US$ 512 billion in 2015. Why is […]
