2023-05-07 08:44:37
China’s Foreign Exchange Agency (SAFE) said China’s foreign exchange reserves rose more than expected in April. As the US dollar fell against other major currencies.
China’s international reserves in April rose by $21 billion to $3.205 trillion. That compares with analysts’ forecasts in a Archyde.com poll of $3.192 trillion and $3.184 trillion in March.
China’s yuan fell 0.63% against the dollar in April. The US dollar, meanwhile, was down 0.94 percent against a basket of major currencies.
China had gold reserves of 66.76 million ounces as of the end of April. This is up from 66.50 million ounces at the end of March.
China’s gold reserves rose to $132.35 billion at the end of April. from $13165 billion at the end of March
By InfoQuest News Agency (07 May ’23)
Tags: FX, China, reserves
1683454037
#Chinas #reserves #soar #trillion #April #InfoQuest
Related posts:
“Hyundai” pays $ 200 million in compensation to the victims of a challenge on Tik Tok
American debt: Biden still thinks of "avoiding the default" of payment
Samsung Electronics launches ‘Galaxy Watch 6 Classic PXG Edition’ – Samsung Newsroom Korea
With interest pressures and declining lending... Real estate activity stagnated for the 11th month
Overcoming Adversity: Finding Hope and Perspective Amidst Life's Challenges
thanks to high oil prices, profits are increasing further
August 26, 2022 Russia and Ukraine news
Reducing office space will become unavoidable