BEIJING, April 7 (Reuters) - China's foreign exchange reserves rose in March, official data showed on Sunday, even as the U.S. dollar climbed against
BEIJING, April 7 (Reuters) – China’s foreign exchange
reserves rose in March, official data showed on Sunday, even as
the U.S. dollar climbed against other major currencies.
The country’s foreign exchange reserves – the world’s
largest – rose by $19.8 billion to $3.246 trillion last month,
compared with $3.21 trillion tipped by a Reuters poll of
analysts and $3.226 trillion in February.
The yuan fell 0.47% against the dollar in March,
while the dollar last month rose 0.31% against a basket of other
major currencies.
China held 72.74 million fine troy ounces of gold at the end
of March, up from 72.58 million ounces at the end of February.
The value of China’s gold reserves rose to $161.07 billion
at the end of March from $148.64 billion at the end of February.
(Reporting by Andrew Hayley, Jing Xu and Ellen Zhang; Editing
by Christopher Cushing)
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