China's forex reserves fall in April on dollar index surge, weak global assets - CGTN

5/8/2022 12:00:00 AM2 years 11 months ago
An official attributed the decline in China's forex reserves to the combined impact of the surge in the dollar index and the sharp decline in financial asset prices globally, due to factors including COVID-19, geopolitical situations, and monetary policy expe…
China's foreign exchange reserves fell in April as prices of global financial assets declined significantly amid a strengthening U.S. dollar, official data showed on Saturday. China's forex holdings… [+1373 chars]
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