China’s forex reserves rise less than expected in March — TradingView News

China’s foreign exchange reserves rose less than expected in March, official data showed on Monday, as the dollar weakened against other major currencies.

The country’s foreign exchange reserves, the world’s largest, increased $13.4 billion last month to $3.241 trillion, missing a Reuters forecast of $3.252 trillion but still up from $3.227 trillion in February.

The yuan USDCNY slid 0.31% against the dollar in March, while the dollar slumped 3.13% against a basket of other major currencies DXY.