Friday, January 11, 2008

China's reserves hit $1.53 trillion

Country's central bank says foreign exchange reserves added $461.9 billion last year.

China's foreign exchange reserves hit $1.53 trillion at the end of 2007, up 43 percent from the end of the previous year, the central bank said Friday.

The bank said in a statement on its Web site that $461.9 billion was added to the country's foreign exchange reserves in 2007.

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