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CN FX Reserves Sink USD85.7B MoM; CN Gold Holdings Hike for 17 Mths
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As of end-March, China's foreign exchange reserves stood at USD3.34 trillion, down USD85.7 billion, or 2.5%, from end-February, data released by the State Administration of Foreign Exchange showed. The People's Bank of China announced that gold reserves at end-March were 74.38 million ounces, up 160,000 ounces MoM from 74.22 million ounces at end-February, marking the 17th consecutive month of gold holding increase. Auto-translated by AI AASTOCKS Financial News |
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