Natixis

OpenCalais Metadata: Ticker

CNAT

China forex reserves rebound above $3 trillion in February

China's foreign exchange reserves unexpectedly increased by $6.9 billion in February, officials said on March 7, as pressure on its currency the yuan apparently eased.     

The world's largest currency hoard rose to $3.01 trillion, the People's Bank of China said on its website, beating a forecast by Bloomberg News that reserves would fall to $2.97 trillion.