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reserves

  1. Scorpio

    Why Reserves Aren’t Money

    Why Reserves Aren’t Money Jeffrey P. Snider When the Federal Reserve through its Open Market Desk engages in a transaction under QE or the current balance sheet stabilization (reinvesting maturing securities) with a primary dealer, the direct effect is to increase the dealer’s account with...
  2. Scorpio

    China FX reserves fall almost $100 bln to lowest since May 2012

    UPDATE 1-China FX reserves fall almost $100 bln to lowest since May 2012 * FX Reserves fall for third month in a row * Central bank tightens capital controls (Adds background, economist comment) Feb 7 China's foreign reserves fell for a third straight month in January, as the central bank...
  3. Scorpio

    China is only months away from burning through its currency reserves

    SocGen claims China is only months away from burning through its currency reserves By Sue Chang Published: Feb 4, 2016 1:47 p.m. ET Beijing may be forced to float the yuan within six months ChinaFotoPress via Getty Images China’s reserves may not be sufficient if its chickens come...