Friday, March 31, 2017

IMF Releases Data on the Currency Composition of Foreign Exchange Reserves Including Holdings in Renminbi


China's total foreign reserve holdings are in excess of ten trillion US.

IMF Press Release — 31 March 2017
IMF Releases Data on the Currency Composition of Foreign Exchange Reserves Including Holdings in Renminbi

4 comments:

Matt Franko said...

Zombies gotta zombie....

Six said...

They could purchase about 7 months of US GDP ... as long as they weren't outbid by the US government :-)

Andrew Anderson said...

"Zombies gotta zombie...." Franko

E$pecially when they're getting welfare proportional to account balance for doing so.

Ryan Harris said...

The Swiss claim to an overvalued currency is just laughable.