A foreign asset held or managed by a country's central bank is referred to as the Foreign Exchange Reserves. Usually, gold or a specific currency is used as a reserve asset. Treasury bills, government bonds, corporate bonds, and shares, as well as foreign currency loans can be also special drawing rights and marketable securities denominated in foreign currencies.
A higher than expected figure should be seen as positive (bullish) for the CNY while a lower than expected figure should be seen as negative (bearish) for the CNY.
Source:
People's Bank of China
Category:
Foreign Exchange Reserves
Units:
Trillion
Latest Release
Previous:
$3.222T
Consensus:
$3.233T
Actual:
$3.25T
Next Release
Date:
Jun 07, 08:00
Time left:
133 days
