China’s forex reserves fell US$33.93 billion in October to US$3.053 trillion. Photo: Reuters
China’s forex reserves hit 18-month low as trade war piles pressure on yuan
- China’s currency reserves fall by about US$34 billion in October as central bank defends yuan from excess depreciation
- Drop still modest compared with declines during 2015 market rout
Follow your favourite topic and get notified
China’s forex reserves fell US$33.93 billion in October to US$3.053 trillion. Photo: Reuters