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China's foreign exchange reserves unexpectedly rose by USD 7.57 billion to USD 3.115 trillion in January 2020, while markets had forecast a USD 8 billion decrease to USD 3.100 trillion, due to fluctuations in global exchange rates and the prices of foreign bonds that the country holds.

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Please note that the rates are all against Renminbi(RMB).All rates are for indication only and are subject to change without prior notice. For further information, please visit your nearest HSBC Branch in mainland China or to contact us directly, please call Retail Banking and Wealth Management Customer Service hotline on 800-820-8878 ([86] (21) 3888 8878 if you are outside of mainland China

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The exact composition of the foreign-exchange reserves of China is a classified information. Foreign analysts agree that about two-thirds of Chinese foreign-exchange reserves are held in U.S. Dollars, approximately one-fifth in Euros, and almost all the rest in Japanese Yen and British pounds.

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2019/11/26 · Chinabank Payments, a unit of e-commerce company JD.com, has been fined 29.43 million yuan ($4.18 million) for illegally transferring foreign currencies overseas, …

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What is Forex? Forex or Foreign Exchange is the conversion of one country’s currency into that of another. Displayed here are the Foreign Exchange Rates – the rates at which one currency will be exchanged for another.

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