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China Says Its Foreign Exchange Reserves Sank $99.5B in January

China's foreign exchange reserves, the world's largest, fell by $99.5 billion in January, the central bank said in a statement Sunday. Foreign reserves fell to $3.23 trillion at the of January, the lowest level since May 2012. The figure was higher than a Reuters poll forecast of $3.20 trillion. China's gold reserves rose to $63.57 billion at the end of January, from $60.19 billion at the end of 2015, the People's Bank of China said on its website. Gold volume...

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