China FX reserves climb $138 billion in Q1

BEIJING : China 's foreign exchange reserves increased by $138 billion in the first quarter this year, the country's
24 May, 2011

In a statement on its website, the currency regulator also said that China's current account surplus stood at $29.8 billion in the first quarter, down 18 percent from a year ago.

The capital account surplus stood at $111.4 billion, it said. It did not provide a year-on-year comparison for this.

 

Copyright Reuters, 2011

 

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