China's foreign exchange reserves reached $3.2882 trillion in August, up 0.98% from July.

China's foreign exchange reserves rose to $3.2882 trillion in August, marking a 0.98% increase of $31.8 billion from July. This is the ninth month the reserves have stayed above $3.2 trillion. The rise is attributed to a decline in the U.S. dollar index and increases in global asset prices. The State Administration of Foreign Exchange noted that China's stable economic operations support this ongoing stability in reserves.