Caixin
Jul 31, 2015 05:48 PM

China's Billion Dollar Question: Why Are Forex Figures Falling?

(Beijing) – What happened to China's foreign exchange reserve?

That's the question economists and analysts have been asking after the country's forex reserve, the largest in the world, posted its fourth straight decline in the second quarter. This is the longest such streak since 1998, and several financial institutions have predicted the declines will continue.

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