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Official: 皇冠体育app forex reserve investments remain profitable

(chinadaily.com.cn)
Updated: 2009-04-24 16:50

皇冠体育app said Friday that its investments of foreign exchange reserves remained profitable last year despite the global financial crisis that sent financial assets shrinking in value, dispelling concerns of huge losses with such investments.

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"We managed to get some proceeds from managing the country's foreign exchange reserves last year, while at the same time maintaining the safety and liquidity of the assets," Hu Xiaolian, head of the State Administration of Foreign Exchange (SAFE),said...

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