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Showing 11 - 20 of 38 results for "foreign exchange reserves"

The year that was and the year that will be

BENJAMIN ONG  |  MONDAY, 19 DEC 2016
... market was its problem at the start of 2016 and lately, it's the currency and the bond market. China's foreign exchange reserves dwindled from US$4 trillion in June last year to US$3 trillion as at November this year as it tries to defend the yuan against ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... decline. Annual industrial production growth in the UK had been sequentially slowing since July. China foreign exchange reserves The drain on China's foreign exchange reserves continues. People's Bank of China (PBOC) data show that it held US$3.052 trillion ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
... Business investment and imports subtracted 0.6 pp and 0.5 pp from June quarter growth, respectively. China foreign exchange reserves Figures released by the People's Bank of China (PBOC) showed that the country's foreign exchange reserves dwindled to ...

Minutes to disaster

MARK SMITH  |  MONDAY, 23 MAY 2016
... it would put downward pressure on their respective currencies that, in turn, would drive down their foreign exchange reserves (in efforts to stem capital outflows), lift domestic interest rates, that would hamper growth. Add to this, the renewed downturn ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 8 APR 2016
... and lower rates of population growth which have impacted on demand for rental accommodation." China foreign exchange reserves A weaker US dollar, tighter yuan restrictions and relative calm in the country's equity market and a more positive outlook - ...

China's January effect

BENJAMIN ONG  |  MONDAY, 11 JAN 2016
... exports and therefore, growth. Or it could be that it's given up the fight to stem currency weakness - foreign exchange reserves dropped by US$512 billion in 2015 (the biggest yearly drop on record) to US$3.3 trillion. Or both. It sure was an ugly start ...

Oil price fall forces sovereign funds to switch gears

LAURA MILLAN  |  MONDAY, 16 NOV 2015
... $4.5 trillion of assets under management. This is twice the size of hedge funds and nearly half global foreign exchange reserves. Their large size means that they help support domestic fiscal credit profiles, that they are able to act as a buffer against ...

Yuan stable (for now)

BENJAMIN ONG  |  TUESDAY, 8 SEP 2015
... stabilise its currency market is underscored by the PBOC's announcement that it reduced the amount of its foreign exchange reserves by around US$94 billion (2.6%) to US$3.56 trillion - down 7% so far this year and 10.6% since the March 2014 peak. Certainly ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
... under pressure for as long as this political risk remains unresolved. Problem is Bank Negara Malaysia's foreign exchange reserves are dwindling - down to US$100 billion in July - the least since 2010. If it decides to defend the currency, the central ...

More Australians to invest in China

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
... China reduce the political ramifications of holding a significant amount of its nearly $4 trillion in foreign exchange reserves in US government bonds. To mitigate this, he said, more of China's claims on the US should be denominated in RMB, and "one ...