Foreign exchange reserves in China have soared

11:48 - 10.01.2022

January 10, Fineko/abc.az. Foreign exchange reserves in China reached the highest level in the last 6 years, amounting to $3.25 trillion in December.

ABC.AZ informs that this increase in foreign exchange reserves in China was caused by the weakening of the dollar in December.

The Bloomberg Dollar Spot index, which measures the value of the dollar in front of most traded currencies, fell 0.8% in December.

 

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