China’s foreign exchange reserves have grown to 3 128 trillion
2023.01.07 08:48
China’s foreign exchange reserves have grown to 3 128 trillion
Budrigannews.com – On Saturday, official data showed that China’s foreign exchange reserves increased in December as the dollar fell against other major currencies.
The world’s largest foreign exchange reserves increased by $11 billion last month to $3.128 trillion, up from $3.154 trillion in November and $3.117 trillion in a Reuters poll of analysts.
In December, the yuan increased by 2.8 percent against the dollar, while the dollar decreased by 2.3 percent against a basket of other major currencies.
At the end of December, China held 64.64 million fine troy ounces of gold, down from November.
At the end of December, China’s gold reserves were worth $117.24 billion, up from $111.65 billion at the end of November.
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