# Returns on forex reserves expected to remain stable - Chinadaily.com.cn

> China's State Administration of Foreign Exchange reported a 10-year average return of 3.68% on its reserves for 2005 to 2014. Economists expect returns to stay near 3% and suggested China may keep increasing its gold holdings.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/58331-returns-on-forex-reserves-expected-to-remain-stable-chinadaily-com-cn
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Reserve management and gold accumulation have little direct bearing on agricultural feed prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-05-31 | [Experts: Yuan set to remain largely stable - Chinadaily.com.cn](https://feedsoft.ai/events/36176-experts-yuan-set-to-remain-largely-stable-chinadaily-com-cn.md) | +0.6% | +2.3% |
| USDCNY | 2024-10-07 | [Renminbi on track for stability against USD - Chinadaily.com.cn](https://feedsoft.ai/events/11043-renminbi-on-track-for-stability-against-usd-chinadaily-com-cn.md) | +0.7% | +1.2% |
| USDCNY | 2018-05-22 | [RMB rate expected to follow a two-way fluctuation path in 2018 - Chinadaily.com.cn](https://feedsoft.ai/events/65233-rmb-rate-expected-to-follow-a-two-way-fluctuation-path-in-2018-chinadaily-com-cn.md) | +0.5% | +1.5% |
| USDCNY | 2023-06-16 | [Experts see steady FX in H2 on recovery outlook - Chinadaily.com.cn](https://feedsoft.ai/events/11234-experts-see-steady-fx-in-h2-on-recovery-outlook-chinadaily-com-cn.md) | +0.7% | +0.6% |
| USDCNY | 2022-11-14 | [RMB recovers on economic resilience - Chinadaily.com.cn](https://feedsoft.ai/events/38902-rmb-recovers-on-economic-resilience-chinadaily-com-cn.md) | -0.9% | -2.9% |

## Sources

- chinadaily.com.cn: https://www.chinadaily.com.cn/a/201907/30/WS5d3f793aa310d83056401a10.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.