© Reuters. A teller count China’s renminbi (RMB) or yuan notes beside U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha/File Image
SHANGHAI (Reuters) – China’s forex reserves fell more than anticipated in September, main information revealed on Saturday, as the U.S. dollar increased versus other significant currencies.
China’s reserves – the world’s biggest – fell $45 billion to $3.115 trillion last month, compared to $3.13 trillion tipped by experts in a Reuters survey, from $3.16 trillion in August.
The yuan fell 0.5% versus the dollar in September, while the dollar increased 0.2% versus a basket of other significant currencies over the month.
China held 70.46 million great troy ounces of gold at the end of September, up from 69.62 million ounces at the end of August.
The worth of China’s gold reserves was up to $131.79 billion at the end of September from $135.22 billion at the end of August.
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