Forex Trading_Chinameiti.com.cn quoted the lay-in of the foreign exchange (forex) management department as saying that the proportion of the currency structure of the global foreign exchange (forex) reserves is that the USD takes 65 percent, EUR 26 percent, GBP 5 percent and the Yen 3 percent, China’s situation is close to the global condition basically.
The report also said that China sets about to alter the proportion of the foreign exchange (forex) reserves currency structure, in addition to the purpose of decentralizing the operation and fulfilling hedge, the diversified foreign exchange (forex) reserves also contribute to promote the effective exchange rate reforming system on real significance.
The foreign exchange (forex) reserves refer to the foreign exchange (forex) part in the international reserves capital that one country holds.
And the forex reserves also refer to the foreign exchange (forex) accumulation of one country.
—-Forex news from Forex Trading
By Sarah
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