Foreign Exchange Reserves stories:
Huijin Said to Plan Up to 80 Billion Yuan Bond Sale
Nov 11th, 2009 - Bloomberg
Nov. 11 (Bloomberg) -- Central Huijin Investment Co., thestate company that controls China’s largest banks, plans to sellas much as 80 billion yuan ($11.7 billion) of bonds...
S.Korea foreign reserves jump close to record
Nov 2nd, 2009 - Forbes
SEOUL, Nov 3 (Reuters) - South Korea's foreign exchange reserves rose nearly $10 billion in October to the second largest amount on record as Asia's fourth-largest economy quickly pulled out of the global financial crisis.
Experts Talk GDP, Dollar, Housing, Stocks
Oct 26th, 2009 - BusinessWeek
Vassili Serebriakov, Wells Fargo Bank The euro just managed to carve out a new 14-month high against the dollar [in overseas trading Oct. 26], but struggled to extend the gains...
UPDATE 2-China says FX reserve diversification is long-term
Oct 26th, 2009 - Reuters
(Recasts with central banker's comments) BEIJING, Oct 26 (Reuters) - Diversification of China's $2.27trillion stockpile of foreign exchange reserves is along-standing policy that aims to avoid short-term volatility...
CORRECTED: Asian shares uneven; China article trips dollar
Oct 26th, 2009 - Reuters
LONDON (Reuters) - A Chinese report saying Beijing should increase its holdings of euros and yen in its foreign reserves knocked the already battered dollar on Monday while global stocks sought to recover from last week's weakness.
Foreign Exchange Reserves videos from YouTube:
9:16Foreign Exchange Reserves and Gold
Explanation of Foreign Exchange Reserves and Gold. www.MarketSkeptics.com
4:40CHINA'S FOREIGN EXCHANGE RESERVES - PART 1
Third prize in the 2006 annual evaluation of the English channel of China Central Television
6:03CHINA'S FOREIGN EXCHANGE RESERVES - PART 2
Third prize in CCTV-9 annual evaluation of 2006
4:20China's Foreign Exchange Reserve Rises To Record - Bloomberg
Chinese foreign exchange rate is up by $2.1 trillion that means the second quarter of China reserves rose by $178 billion. (The Trade)
Foreign Exchange Reserves from WikiPedia:
Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits and bonds held by central banks and monetary authorities. However, the term in popular usage commonly includes foreign exchange and gold, SDRs and IMF reserve positions. This broader figure is more readily available, but it is more accurately termed official international reserves or international reserves. These are assets of the central bank held in different reserve currencies, mostly the US dollar, and to a lesser extent the euro, the UK pound, and the Japanese yen, and used to back its liabilities, e.g. the local currency issued, and the various bank reserves deposited with the central bank, by the government or financial institutions.
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