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CN FX Reserves Grow to US$3.34T by End-Oct, Beating Forecast
2025-11-07 16:13:56 As of the end of October, China's foreign exchange reserves amounted to US$3.3433 trillion, up US$4.7 billion from the end of September, representing a rise of 0.14%, and topping the market expectation of US$3.327 trillion, according to data from the State Administration of Foreign Exchange. In October, influenced by factors such as the monetary policies and expectations of major economies, and macro data, the USD index rose, and global financial asset prices generally elevated. China's economic fundamentals remained stable, with numerous advantages, strong resilience, and immense potential. The supporting conditions and basic trend for long-term improvement have been intact, conducive to maintaining the basic stability of the foreign exchange reserves. ~ AASTOCKS Financial News Website: www.aastocks.com | |