China Foreign Exchange Reserves Fell $38.1 Billion in September
China's foreign exchange reserves decreased by $38.1 billion to $3.4 trillion at the end of September, primarily due to negative valuation effects, according to data from the People's Bank of China.
China's foreign exchange reserves fell in September, as economists had expected, with the decline attributed to a negative valuation effect, according to data released Wednesday by the country's central bank. 4 trillion at the end of September, the People's Bank said.