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Sat 11/22/2008 09:09

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China plans to get better yields from forex reserves

Posted By Phạm Tiến Dũng

 
 
China plans to "optimize the structure" of its record US$769 billion foreign-exchange reserves as it seeks higher returns, the country's currency regulator said.
The State Administration of Foreign Exchange plans "to actively explore ways of investing foreign exchange more efficiently," Hu Xiaolian, director of the agency, said in a statement on its Website af...
 
China plans to get better yields from forex reserves

Posted By VNN\trongvu

 
 
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