MNI China Daily Summary: Monday, February 10

MNI BRIEF: PBOC'S Zou Promoted To Vice Governor Role

MNI BRIEF: China Steel To See Limited Impact From U.S. Tariffs

MNI: China CFETS Yuan Index Down 0.15% In Week of Feb 7

MNI: PBOC Net Drains CNY234 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1707 Mon; -1.31% Y/Y

MNI: NORWAY JAN CORE CPI +0.1% M/M, +2.8% Y/Y

MNI: NORWAY JAN CPI +0.2% M/M, +2.3% Y/Y

MNI: US DEC CONSUMER CREDIT +$40.8B

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: China FX Reserves Increase In January

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China’s foreign exchange reserves rose 0.2% m/m in January to USD3.2 trillion, benefiting from a stronger U.S. dollar index, falling treasury yields and increases in major stock indices, according to Guan Tao, former senior official at the State Administration of Foreign Exchange. The Yuan displayed strong resilience in January as the elasticity of two-way fluctuations increased and FX reserves remained stable, Guan added.

63 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

China’s foreign exchange reserves rose 0.2% m/m in January to USD3.2 trillion, benefiting from a stronger U.S. dollar index, falling treasury yields and increases in major stock indices, according to Guan Tao, former senior official at the State Administration of Foreign Exchange. The Yuan displayed strong resilience in January as the elasticity of two-way fluctuations increased and FX reserves remained stable, Guan added.