USEUROPEAFRICAASIA 中文双语Français
Home / Business

Foreign reserves show a record decline in Q1

By Chen Jia | China Daily | Updated: 2015-05-13 08:09

Foreign exchange reserves held by China fell by a record $79.5 billion in the first quarter of the year from the last quarter in 2014.

Official balance of payments data released by the State Administration of Foreign Exchange on Tuesday showed that the decline was more than the $29.3 billion fall in the fourth quarter of last year. Analysts and experts said this indicates a larger-than-expected capital outflow.

At the end of last year, China's total foreign exchange reserves were $3.84 trillion, compared with $3.82 trillion in 2013, and remained the world's largest.

Foreign reserves show a record decline in Q1

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US