China’s foreign exchange reserves fell in September after rising for three straight months, despite the yuan rebounding from its biggest monthly drop in 25 years in August amid a weakening domestic economy and escalating trade tensions with the US.
The foreign exchange reserves fell $14.8 billion in September to $3.092 trillion, according to data released by the State Administration of Foreign Exchanges on Sunday.
The fall was mainly due to declines of bond prices in major economies . . .
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