Dollar fall hampering Chinese reserve management

Wen Jiabao, China's premier, said on Monday that the fall in the value of the greenback was making it difficult to manage the country's reserves.

Speaking in Singapore on Monday, Wen told Reuters: "We have never experienced such big pressure."

"We are worried about how to preserve the value of our reserves."

China is the world's largest holder of foreign reserves, with $1.4trln under management. Yi Gang, an assistant governor at the People's Bank of China, said in Washington last week that the

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: