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Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

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Forex Reserves Fell less than $3T for the First Time Since 2011

Février, 07 2017
watermark Economic news

The Exchange reserve fell up to $3 trillion for the first time in six years. It is smaller in number compared to the $12.3 billion last month but still higher than the anticipated capital account of China in the midst of weakened greenback. This may not have an immediate impact but this could affect the sentiment of investors in the yuan exchange rate.

Yet, the U.S. dollar index surged by 7.1 percent in the fourth quarter in the previous year and Fed rate increase with President Trump’s win in the U.S. Presidential election inducing Chinese government to control the offshore investments and individual purchases of foreign exchange. The State of Administration of Foreign Exchange said that the current reserves are ample and moderate capital outflow giving optimism to a balance condition.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.