China’s foreign exchange reserves fell by $108bn in December to $3.33tn, a bigger fall than expected and the biggest monthly drop on record.
Economists were expecting reserves of $3.42tn.
The big fall underscores a key point: the People’s Bank of China is fighting the market to keep the renminbi up, not steering it lower as some suspect.
您已阅读32%(337字),剩余68%(720字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。