On Monday, the yuan was changing hands at 6.8502 per dollar, unexpectedly rising 0.28 per cent. Photo: Reuters

China’s foreign exchange reserves rise for second month as yuan expectations stabilise

  • Accumulation of assets valued in foreign currencies rises by US$11 billion in December to US$3.073 trillion
  • People’s Bank of China keen to support the yuan exchange rate
Topic |   China economy

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On Monday, the yuan was changing hands at 6.8502 per dollar, unexpectedly rising 0.28 per cent. Photo: Reuters
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