China’s forex reserves rose by US$3.5 billion in August. Photo: Reuters

China’s foreign exchange reserves up US$3.5 billion in August despite yuan drop

  • Total rises beyond analysts’ forecasts to US$3.1072 trillion, according to central bank figures released on Saturday
  • Increase from July due to stable balance of international payments and generally stable economic growth, regulator says
Topic |   China economy

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China’s forex reserves rose by US$3.5 billion in August. Photo: Reuters
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