By : JD News Desk
Jordan Daily – China’s foreign exchange reserves rose 0.42% in March to $3.24 trillion, marking the 16th straight month above the $3.2 trillion level, data from the State Administration of Foreign Exchange (SAFE) showed.
SAFE attributed the rise to a weaker U.S. dollar and shifts in global asset prices. It said China’s stable economic performance and policy support helped maintain reserve stability.
Meanwhile, the People’s Bank of China reported gold reserves rose to 73.7 million ounces in March, up from 73.61 million in February, marking the fifth consecutive month of increases.
