It has been reported that China’s foreign reserve assets rose to $3.316 trillion in September. According to the State Administration of Foreign Exchange of China, it was stated that foreign reserves recorded an increase of $28.2 billion at the end of September compared to the previous month. The statement indicated that foreign reserves increased by 0.86% in September compared to August, with the total value reaching $3.316 trillion. The statement highlighted that in September, the US dollar index fell, while global financial asset prices increased, attributing the increase in foreign reserves to the combined effect of exchange transactions and changes in asset prices. China’s foreign reserves have been above $3.2 trillion for the past 10 months.
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