SHANGHAI: China’s foreign exchange reserves fell more than expected in September, official data showed on Saturday, as the US dollar rose against other major currencies.

China’s reserves - the world’s largest - fell $45 billion to $3.115 trillion last month, compared with $3.13 trillion tipped by analysts in a Reuters poll, from $3.16 trillion in August.

The yuan fell 0.5% against the dollar in September, while the dollar rose 0.2% against a basket of other major currencies over the month.

China held 70.46 million fine troy ounces of gold at the end of September, up from 69.62 million ounces at the end of August.

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John Oct 08, 2023 09:08am
China’s reserves - the world’s largest - fell $45 billion to $3.115 trillion last month, compared with $3.13 trillion tipped by analysts in a Reuters poll, from $3.16 trillion in August. Its an insignificant change! Trillion dollars are trillion dollars! No Zardaris, No Shariffs, No Boots to steal their trillion dollars...any one caught trying is sent to hell in no time!
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Usman Oct 08, 2023 01:52pm
@John, don't forget Imran khan dear.in time of Imran too life was hell and worse than nwaz sharif time.Peerni also.donot forget.
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