China FX Reserves: Modest May Increase

  Published 1 year ago

China's foreign exchange reserves grew by a smaller, than anticipated, $3.6 billion, in May, reaching $3.285 trillion. This modest rise was attributed to exchange rate fluctuations and asset value changes, despite a weaker yuan and a sliding dollar.

  • Reserves increased to $3.285 trillion.
  • Yuan weakened against the US dollar.
  • The dollar declined versus other majors.

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