The foreign exchange reserves of China they rose more than expected in April, official data showed on Sunday.
The country’s foreign exchange reserves, the world’s largest, rose $21 billion to $3.205 trillion last month, compared with $3.192 trillion expected by a Reuters poll of analysts and $3.184 trillion in March.
The yuan fell 0.63% against the dollar in April, while the greenback fell 0.94% against a basket of other major currencies last month.
China had 66.76 million fine troy ounces of gold at the end of April, up from 66.50 million ounces at the end of the previous month.
The value of China’s gold reserves rose to $132.35 billion at the end of April from $131.65 billion at the end of March.
Prepared with information from Reuters.
Source: Gestion
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