Erdogan cancels visit to Kazakhstan due to Istanbul terrorist attack - newspaperWorld December 11, 11:15
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Syrian military supported by the Russian aircraft repel IS attacks near PalmyraWorld December 11, 11:10
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Turkey declares one day of national mourning over Istanbul terrorist attackWorld December 11, 7:10
Turkish authorities impose media ban on coverage of Istanbul explosionWorld December 11, 3:01
Erdogan says Istanbul terrorist attack causes fatalitiesWorld December 11, 2:52
Istanbul explosions leave 15 dead, 69 wounded — TV channelWorld December 11, 2:38
Three settlements in Syria join cessation of hostilities — Russia’s Defense MinistryWorld December 11, 2:34
WASHINGTON, October 1. /TASS/. China for the first time began to report its official foreign exchange reserves to the International Monetary Fund (IMF). According to IMF Director of the Communication Department Jerry Rice, China participates in the survey of COFER (Composition of official foreign exchange reserves) - IMF database, which reflects the structure of official foreign exchange reserves of 146 member countries.
According to the information about the second quarter of this year, China's total reserves, which have been reported to the IMF amounted to $11.5 trillion. In the first quarter the amount was smaller - $11.4 trillion. the share of the US dollar significantly increased in the total reserves volume - to 58.2% against 53% in the previous report.
At the end of the year the IMF should complete the next review of the basket of reserve currencies, which will be used by the Fund to form its own calculation unit - the so-called "Special Drawing Right" (SDR). As of now, the basket consists of the US dollar, the euro, the pound sterling and the yen. China, which has the second largest economy in the world, relies on the inclusion of the yuan in the basket.