Press "Enter" to skip to content

China’s foreign exchange reserves fell in September after 3-month rise

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

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 . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top