(ECNS) -- China's forex reserves came in at 3.2193 trillion U.S. dollars at the end of January 2024, down 18.7 billion U.S. dollars or 0.59 percent from December 2023, according to the data from the State Administration of Foreign Exchange on Tuesday.
The decrease was attributed to an increase in the U.S. dollar index and mixed global financial asset prices.
China's economic recovery stayed stable and the fundamentals of the Chinese economy remained unchanged, providing support for the stability of the nation's foreign exchange reserves, said the administration.
Related articles:
Related suggestion:
Red Sea crisis mounts pressure on Asia tradeChina's ShenzhouXi sends greetings to Malaysia's new kingHK officials clarify fallacies over legislation of Article 23One year of war in Sudan, thousands killed, millions displaced amid imminent famineXi chairs CPC leadership meeting to review reports, regulationsXi chairs CPC leadership meeting to review reports, regulationsInterview: Somalia seeks drought relief funding in worst humanitarian crisisChina Coast Guard stops four Philippine individuals from intruding into Huangyan IslandXi stresses development of new productive forces, high
1.9777s , 6501.6015625 kb
Copyright © 2024 Powered by China's forex reserves down in January ,Culture Canvas news portal