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

China's foreign exchange reserves

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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.

The country's forex reserves remained generally stable, with the total amount standing above $3.2 trillion for four . . .

 

 

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