QUOTE(cofin @ Jan 15 2020, 11:27 AM)
if not wrong that day I saw the news saying china cash out 700mil USD of the foreign reserve to boost their economy
China got over 3 trillion usd reserve = 3000bil usd 700mil = 0.7 bil
The end of the US Dollar.
|
|
 Jan 15 2020, 11:49 AM
Return to original view | Post
#1
|
 
Senior Member
967 posts Joined: Jan 2013 
|
700mil = 0.7 bil |
Quote|
|
Jan 15 2020, 11:57 AM
Return to original view | Post
#2
|
|
Senior Member
967 posts Joined: Jan 2013
|
QUOTE(cofin @ Jan 15 2020, 11:53 AM) yea they are the one that holds the largest portion of USD amoung all countries i hope China burn more of their USD reserve .....  when they throw away more than 30% of the usd reserve i believe the remaining 60% of their reserve value will reduce to 40% or even lower is a double edge sword everyone loses |
| Bump Topic Add ReplyOptions New Topic |
| Change to: |  0.0107sec
 0.55
 6 queries
 GZIP Disabled
Time is now: 13th December 2025 - 04:27 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.