China FX reserves rise $19.55 billion in August
China’s foreign-exchange reserves rose by $19.55 billion to $3.438 trillion in August, as a weaker dollar and a surging trade surplus supported the increase and renewed yuan appreciation concerns.
438 trillion in August, according to data released Monday by t… The increase came against the backdrop of a weaker dollar and a surging trade surplus, renewing concerns about the yuan's appreciation.