You are here: Home > Steel News > Latest Steel News > NBS:...

NBS: China’s foreign exchange reserve amounts to $3.3304 trillion

Tuesday, 01 March 2016 11:26:16 (GMT+3)   |   Shanghai
       
As of the end of 2015, China’s foreign exchange reserve amounted to $3.3304 trillion, down $512.7 billion compared to the figure recorded in the end of 2014, as announced by China's National Bureau of Statistics (NBS) on March 1.

In particular, the average parity rate of USD to RMB at 6.2284, 1.4 percent lower than the average parity rate recorded in 2014.

Similar articles

China becomes aggressive in billet exports again, pressure on ASEAN mills increases

12 Nov | Longs and Billet

Local Chinese steel pipe prices stable or down slightly

08 Nov | Tube and Pipe

Ex-China billet stabilizes amid positive expectations, ASEAN mills focus on other products

05 Nov | Longs and Billet

Tentative increase seen in Asian rebar market

01 Nov | Longs and Billet

New prices from Vietnam’s Hoa Phat boost sentiments despite decline

01 Nov | Flats and Slab

Uncertainty prevails in Vietnam’s HRC import market amid Chinese futures fluctuations

31 Oct | Flats and Slab

Import billet prices in SE Asia up slightly as traders not eager to offer in short positions

31 Oct | Longs and Billet

Ex-Asia billet pricing lacks direction amid tentative optimism in China, rare deals with discounts

30 Oct | Longs and Billet

Asian rebar prices fall further amid insufficient demand and despite Hebei output cuts

25 Oct | Longs and Billet

Local Chinese steel pipe prices mostly decline slightly

18 Oct | Tube and Pipe