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Last Update: ،
2026/08/17
Time
09:34:49
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Latest News:
Al-Sharjabi Discusses Water, Sanitation Project Priorities with International Relief Organization, Strengthening ..
Ambassador Al-Sunaini Discusses Strengthening Cooperation, Maritime Security with Japan’s State Minister ..
Al-Muharrami, US Chargé d’Affaires Review Developments, Bilateral Cooperation
State Minister, US Chargé d’Affaires Discuss Houthi Attacks
Al-Khanbashi Praises Kuwait’s Sustained Support for Humanitarian and Development Projects
China's foreign exchange reserves rise to US$3.2320 trillion
[08/06/2024 06:48]
BEIJIGN-SABA B
China's foreign exchange reserves rose to 3.2320 trillion U.S. dollars by the end of May, up 0.98 percent compared to the end of April.
The National Foreign Exchange Authority attributed this growth to the combined impact of currency exchange and changes in asset prices. Factors such as the monetary policy outlook of major economies and their macroeconomic data contributed to the decline in the US dollar index and the rise in global financial asset prices.
China's foreign exchange reserves rose to 3.2320 trillion U.S. dollars by the end of May, up 0.98 percent compared to the end of April.
The National Foreign Exchange Authority attributed this growth to the combined impact of currency exchange and changes in asset prices. Factors such as the monetary policy outlook of major economies and their macroeconomic data contributed to the decline in the US dollar index and the rise in global financial asset prices.
Key words:
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