(ECNS) -- China's forex reserves came in at 3.2193 trillion U.S. dollars at the end of January 2024, down 18.7 billion U.S. dollars or 0.59 percent from December 2023, according to the data from the State Administration of Foreign Exchange on Tuesday.
The decrease was attributed to an increase in the U.S. dollar index and mixed global financial asset prices.
China's economic recovery stayed stable and the fundamentals of the Chinese economy remained unchanged, providing support for the stability of the nation's foreign exchange reserves, said the administration.
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
Gambling bill to allow lottery and slots remains stalled in the Alabama Senate
California man who testified against Capitol riot companion is sentenced to home detention
Republicans file lawsuit to block count of Nevada mail ballots received after Election Day
Yu Darvish extends scoreless innings streak to 25 in Padres' 9
Connecticut lawmakers take first steps to pass bill calling for cameras at absentee ballot boxes
Angels star outfielder Mike Trout has knee surgery. Team expects 3
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
Red Lobster seeks bankruptcy protection after closing some restaurants
JASON GROVES: Rishi Sunak has survived