China's FX reserves fell to $3.2 trillion in April, a 1.38% decrease from March.
China's foreign exchange (FX) reserves fell to $3.2 trillion in April, a 1.38% decrease from March, according to the State Administration of Foreign Exchange. The decline was attributed to currency translation and asset price changes. Despite the drop, China's economy remains robust, and the country has the capacity to maintain its forex reserves at a stable scale, the regulator stated.
May 07, 2024
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