参考消息
China's foreign exchange reserves drop to 3.26105 trillion USD
Photo taken on March 23, 2020 shows a U.S. dollar banknote in Washington D.C., the United States. [Photo/Xinhua]
China's foreign exchange reserves totaled 3.26105
The State Administration of Foreign Exchange noted in a statement that the U.S. dollar index climbed and global financial asset prices declined last month due to monetary policy expectations and macroeconomic data in major economies.
"Due to the combined effects of factors such as currency translation and changes in asset prices, China's foreign exchange reserves shrank in October," the statement reads.
China is effectively implementing a host of policies to consolidate the momentum of economic growth, which is conducive to generally stable reserves of foreign exchanges, the administration said.