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China’s forex reserves fell US$34.97 billion to US$3.17 trillion in March

Summary:
[unable to retrieve full-text content]China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the US dollar posted a gain against a basket of major currencies.The country’s foreign exchange reserves – the world’s largest – fell US.97 billion to US.17 trillion last month, compared with the US.19 trillion expected by a Reuters poll of analysts and US.205 trillion in February.Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major…

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[unable to retrieve full-text content]
China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the US dollar posted a gain against a basket of major currencies.The country’s foreign exchange reserves – the world’s largest – fell US$34.97 billion to US$3.17 trillion last month, compared with the US$3.19 trillion expected by a Reuters poll of analysts and US$3.205 trillion in February.Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major…
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