China's foreign exchange reserves up 0.86 pct in September-Xinhua

China's foreign exchange reserves up 0.86 pct in September

Source: Xinhua

Editor: huaxia

2024-10-07 13:22:15

File photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)

BEIJING, Oct. 7 (Xinhua) -- China's foreign exchange reserves totaled 3.3164 trillion U.S. dollars at the end of September, up by 28.2 billion dollars, or 0.86 percent compared to the end of August, official data showed Monday.

The State Administration of Foreign Exchange said that the U.S. dollar index declined, and global financial asset prices generally increased last month.

The combined effects of currency translation and asset price changes led to the increase in China's foreign exchange reserves in September, the administration added. 

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