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China's foreign exchange reserves rise to $3.2659 trillion
[07/12/2024 03:54]
BEIJING-SABA
China's total foreign exchange reserves rose to $3.2659 trillion at the end of November, up $4.8 billion, or 0.15 percent, from the end of October.

China's National Foreign Exchange Authority said in a statement published by the Chinese News Agency (Xinhua) today, Saturday, that both the dollar index and global financial asset prices rose last month, weighed down by the monetary policies of major economies, market expectations and macroeconomic data.

China's foreign exchange reserves increased last month due to the combined effects of factors such as currency conversion and changes in asset prices.

The statement indicated that the country's economic recovery is gaining momentum and market confidence is improving, and that these factors help maintain the stable size of the country's foreign exchange reserves.


Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025

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