Gross International Reserves Down to $81.045 Billion in December

Gross international reserves as of December further fell to $81.045 billion on the back of foreign exchange outflows and cheaper gold. The number has declined for three straight months from the all-time high of $86.139 billion in September. It is also the lowest since January’s $80.692 billion, although still higher than end-2015’s $80.667 billion. The actual figure is also lower than the revised projection of $83.7 billion, which had been cut from…

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