China's November FX reserves rise unexpectedly to $3.266 trln

Reuters

2024/12/07

SHANGHAI, Dec 7 (Reuters) - China's foreign exchange reserves increased in November, official data showed on Saturday, defying market expectations of a decline.

The country's foreign exchange reserves - the world's largest - grew by $5 billion last month to $3.266 trillion, above a Reuters forecast of $3.23 trillion and up from $3.261 trillion in October.

The yuan weakened 1.8% against the dollar in November, while the dollar last month rose 1.8% against a basket of other major currencies .

(Reporting by Qiaoyi Li, Winni Zhou and Ryan Woo; Editing by William Mallatrd)

((qiaoyi.li@thomsonreuters.com;))

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Editing by William Mallatrd)</p><p>((qiaoyi.li@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IAU","symbol_name":"黃金信託ETF-iShares","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2489729248","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489729248","pubTimestamp":1733538224,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"SHANGHAI, Dec 7  - China's foreign exchange reserves increased in November, official data showed on Saturday, defying market expectations of a decline.   The country's foreign exchange reserves - the world's largest - grew by $5 billion last month to $3.266 trillion, above a Reuters forecast of $3.23 trillion and up from $3.261 trillion in October.    The yuan    weakened 1.8% against the dollar in November, while the dollar last month rose 1.8% against a basket of other major currencies   . 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The yuan    weakened 1.8% against the dollar in November, while the dollar last month rose 1.8% against a basket of other major currencies   . (Reporting by Qiaoyi Li, Winni Zhou and Ryan Woo; Editing by William Mallatrd)((qiaoyi.li@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}