Chinese forex reserves rose by nearly US$9 billion in March to US$3.099 trillion. Photo: Reuters

China’s foreign exchange reserves hit seven-month high of almost US$3.1 trillion in March

  • Monthly increase of nearly US$9 billion far higher than analysts’ forecasts
  • With economy set to maintain reasonable growth and improved flexibility in yuan exchange rate, forex reserves will remain stable, regulator says
Topic |   China economy

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Chinese forex reserves rose by nearly US$9 billion in March to US$3.099 trillion. Photo: Reuters
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