China records slight increase in foreign exchange reserves by end of May 2025
Beijing - Saba:
China's State Administration of Foreign Exchange announced on Saturday evening that the country's foreign exchange reserves reached $3.2853 trillion by the end of May, an increase of $3.6 billion, or 0.11%, compared to the end of April.
The Xinhua News Agency reported that the authority attributed this increase to the combined effects of currency exchange rate fluctuations and asset price changes during May.
The authority emphasized that the continued recovery of the Chinese economy and the improvement in the quality of economic development enhance the stability of the country's foreign exchange reserves.
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