LINE

Text:AAAPrint
Economy

China's forex reserves stand at 3.1332 trln USD

2023-03-08 08:11:44Xinhua Editor : Li Yan ECNS App Download

China's foreign exchange reserves came in at 3.1332 trillion U.S. dollars at the end of February, according to the State Administration of Foreign Exchange on Tuesday.

The U.S. dollar index increased and the prices of global financial assets generally fell last month, affected by global macroeconomic data and monetary policy expectations of major economies. China's foreign exchange reserves fell last month due to the combined effects of currency translation and asset price changes, according to the foreign exchange regulator.

China's foreign exchange reserves are expected to maintain generally stable thanks to the country's efforts to promote steady economic recovery and high-quality development, and the great potential and impetus for the development of the Chinese economy, it added. 

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2023 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]