(ECNS) -- China's forex reserves came in at 3.2193 trillion U.S. dollars at the end of January 2024, down 18.7 billion U.S. dollars or 0.59 percent from December 2023, according to the data from the State Administration of Foreign Exchange on Tuesday.
The decrease was attributed to an increase in the U.S. dollar index and mixed global financial asset prices.
China's economic recovery stayed stable and the fundamentals of the Chinese economy remained unchanged, providing support for the stability of the nation's foreign exchange reserves, said the administration.
Related articles:
Related suggestion:
Next generation will pay the price for critical transport projects, councillor warnsMan hanging rainbow flag outside Destiny Church reportedly assaultedRampaging elephant herd razes 500km path of destructionTaiwan's Golden Horse a holdout for uncensored Chinese cinemaThe $1m PR and lobbying campaign to overturn livestock export banMorphine shortage across New Zealand impacting patients in palliative care, new stock months awayFascinating 'heat maps' reveal where in the world Brits think famous landmarks areUnclear whether there's funding to continue extra hospital security guardsChristopher Luxon leaves Big Gay Out after heated protestNext generation will pay the price for critical transport projects, councillor warns
2.6052s , 6500.265625 kb
Copyright © 2024 Powered by China's forex reserves down in January ,International Index news portal