Posted inChina

China’s forex reserves fall by US$3.8 billion

China’s foreign exchange reserves fell by US$3.8 billion, or 0.1%, to US$ 3.094 trillion at the end of April, compared with the level seen at the end of March, according to the State Administration of Foreign Exchange. SAFE spokesperson Wang Chunying attributed the fall to exchange rate fluctuations and changes in asset prices. The greenback […]

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