China: Regime’s Forex Reserves Fall By $31.5 Billion In September

Source: NDTV [India]

“China’s foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday. The volume went down 0.97 percent from the end of August, the State Administration of Foreign Exchange (SAFE) said. SAFE Deputy Director and Spokesperson Wang Chunying attributed the September decline in foreign exchange reserves to the combined impact of currency translation and changes in asset prices.” (10/07/21)