I posted on this earlier: China FX reserves data due today
That post includes a what to expect via Credit Agricole
What I didn't post though:
- Expected $3196bn
- Prior $3202.3bn
I don't know if any Chinese authorities are reading this, but if so...
I know there have concerns about declining reserves and I reckon I've come up with a way to address this.
Keep quoting past reserves data in USD
But, going forward, quote them in NZD.
Your welcome.
