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China’s foreign exchange reserves fell in August due to changes in asset prices

Last updated on September 8, 2021

China's foreign exchange reserves fell to $3.2321 trillion at the end of August, down $3.8 billion from a month earlier, official data showed Tuesday.

The volume went down 0.12 per cent from the end of July, said the State Administration of Foreign Exchange (SAFE).

China's foreign-exchange market operated smoothly last month, with domestic supply and demand generally balanced, said Wang Chunying, deputy director and spokesperson of the SAFE.

 

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