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