foreign-exchange reserves Archives

RBI’s investment in IIFC UK subsidiary fell by a fifth in FY23-24

The RBI’s investment in the state-owned India Infrastructure Finance Company (IIFC) UK subsidiary fell by a fifth from a year earlier to $932 million in FY’2023-24, according to the latest …

What’s the state of China’s US$3 trillion forex reserves war chest, and where is it invested?

by Walter Watson

What’s the state of China’s US trillion forex reserves war chest, and where is it invested?

China’s foreign exchange reserves had stood at US$3.24 trillion in December, having risen from US$3.17 trillion in November, the exchange regulator said. SAFE, though, does not disclose where it invests …