China foreign exchange reserves fall in February

12 Apr, 2009

Chinas forex reserves, the largest in the world, fell to 1.9121 trillion dollars at the end of February, from 1.9135 trillion a month earlier, the central bank announced Saturday. At the end of March, the countrys forex reserves rose to 1.9537 trillion dollars, up from 1.946 trillion in December, the bank said on its Internet site.
China has invested most of its vast reserves in US dollars, such as US Treasury bonds, which are safe but with low returns but has tried to diversify its investments to improve its gains.

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