China's foreign currency stockpile fell nearly $100 billion last month - Feb. 7, 2016

China's stash of cash continues to shrink as the country tries to fend off pressure on its currency.



Its foreign exchange reserves dropped $99.5 billion in January to $3.23 trillion, the lowest level since 2012, the central bank said Sunday.



China's foreign currency stockpile fell nearly $100 billion last month - Feb. 7, 2016