China FX reserves rise more than expected in August
China’s foreign exchange reserves rose more than expected in August, central bank data showed. Reserves were $3.438 trillion last month versus $3.419 trillion a month earlier, as the dollar extended weakness.
China's foreign exchange reserves rose more than expected in August, central bank data showed on Monday, as the dollar extended its weakness.The country's foreign exchange reserves — the world's largest — stood at $3.438 trillion last month, versus $3.419 trillion a month earlier and against $3.425…