China's FX reserves slide to lowest since 2011
Latest PBoC figures show a drop of $45.7 billion in October to $3.12 trillion
China's foreign exchange reserves fell in October to their lowest level since March 2011, as capital outflows continue to threaten the world's second-largest economy.
Figures published on November 7 by the People's Bank of China (PBoC) show FX reserves sliding by $45.7 billion to $3.121 trillion in the largest decline since January. The latest data represents the fourth-consecutive fall and follows a $18.79 billion slide in September.
Analysts say the decline in the nation's foreign currency
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