皇冠体育app

/ Youth

Regulator plays down hot money fears

By Zhang Ran | 皇冠体育app Daily | Updated: 2010-01-20 08:08

Central bank effects yet another hike in benchmark 1-yr bill yield

The $453 billion increase in 皇冠体育app's foreign exchange reserves last year partly reflected currency valuation effects and was not solely due to inflows of "hot money", the State Administration of Foreign Exchange (SAFE) said yesterday.

The foreign exchange regulator also refuted media reports that there could have been hot money inflows of nearly $167 billion into the country last year.

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US