- MarketPulse - https://www.marketpulse.com -

China Increases US Holdings

After reducing its US holdings by 6.5 percent late last year, China has recently increased its US reserves by 2.6 percent to a total of $900.2 billion. The news coincides with a policy change that will see the yuan appreciate in value to the US dollar.

Source: Bloomberg [1]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Scott Boyd

Latest posts by Scott Boyd (see all [4])