China's foreign exchange reserves increased by 34 billion USD to 3.2564 trillion USD in July.

China's foreign exchange reserves increased by 34 billion USD, or 1.06%, to reach 3.2564 trillion USD in July, according to the State Administration of Foreign Exchange. The rise is attributed to currency translation and changes in asset prices, with the U.S. dollar index declining and global financial asset prices increasing. The stability of China's economic operation is expected to maintain the scale of foreign exchange reserves in the country.

August 07, 2024
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