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China’s forex reserves rose to US$3.165 trillion in August, but increase less than expected

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[unable to retrieve full-text content]China’s foreign exchange reserves rose less than expected in August amid persistent weakness in the US dollar and solid gains in the yuan as China’s economy recovers steadily.The country’s foreign exchange reserves – the world’s largest – rose US.2 billion in August from July to US.165 trillion, central bank data showed on Monday.Economists polled by Reuters had expected the country’s reserves would climb by US.61 billion.Foreign inflows into Chinese stocks and bonds also have been…

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[unable to retrieve full-text content]
China’s foreign exchange reserves rose less than expected in August amid persistent weakness in the US dollar and solid gains in the yuan as China’s economy recovers steadily.The country’s foreign exchange reserves – the world’s largest – rose US$10.2 billion in August from July to US$3.165 trillion, central bank data showed on Monday.Economists polled by Reuters had expected the country’s reserves would climb by US$21.61 billion.Foreign inflows into Chinese stocks and bonds also have been…
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