China's foreign exchange reserves reached $3.246 trillion in March, up 19.8 billion from February.
China's foreign exchange (forex) reserves reached $3.246 trillion in March, up 19.8 billion from February, according to official data. This increase, despite a strengthening US dollar, suggests a stable Chinese economy. Experts suggest that China's forex reserves are likely to remain stable due to strong global demand for Chinese products, stabilized trade, and a revival of the global bulk commodity market.
April 07, 2024
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