PBOC: China fx reserves jump to fresh 2017 highs

The Chinese central bank (PBOC) is out with its latest foreign exchange reserves data for end-may, showing that the fx reserves have risen for the fourth straight month, marking the longest winning streak since June 2014.

Key Details:          

China FX reserves end-May USD 3.054trln vs 3.030trln prev

Up +$24.03bln from end-April

Gold reserves $75.004bln vs $75.02bln prev

Gold reserves 59.24mln fine troy oz as prev

End-May SDR-denominated forex reserves 2.21trln as prev

End-May IMF reserve position $9.79b vs 9.69bln prev