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China Dec forex reserves fall less than expected to $3.011 trillion

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China Dec forex reserves fall less than expected to $3.011 trillion

China Dec forex reserves fall less than expected to $3.011 trillion*/

– BEIJING Jan 7 China’s foreign exchange reserves fell for a sixth straight month in December but by less than expected to the lowest since February 2011, as authorities stepped in to support the yuan ahead of U.S. President-elect Donald Trump’s inauguration.Reserves fell by $41 billion last month to $3.011 trillion, central bank data showed on Saturday, following a drop of $69.06 billion in November.Economists polled by Reuters had expected reserves to drop $51 billion to $3.001 trillion, from $3.052 trillion at the end of November.
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China December forex reserves fall for sixth month, near $3 trillion level

China December forex reserves fall for sixth month, near $3 trillion level*/

– A 100 yuan note is seen in this illustration picture taken in Beijing March 7, 2011.REUTERS/David Gray/File PhotoBEIJING China’s foreign exchange reserves fell for a sixth straight month in December to the lowest since early 2011, but held just above the critical $3 trillion level, as authorities stepped in to support the yuan ahead of U.S. President-elect Donald Trump’s inauguration.Reserves fell by a slightly less than expected $41 billion last month to $3.011 trillion, central bank data showed on Saturday, following a drop of $69.06 billion in November.
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Georgian total forex reserves down to $2.754 bln as of Jan. 1 – c.bank

Georgian total forex reserves down to $2.754 bln as of Jan. 1 - c.bank*/

– The Limited owner almost doubles investment, but closing all storesJan 6 Sun Capital Partners Inc, the private equity owner of Limited Stores LLC, disclosed on Friday it has almost doubled its investment in the troubled U.S. women’s apparel retailer, even as it announced that it will shut all approximately 250 The Limited stores amid losses.
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