Money and business
Foreign exchange reserves in China increased by 1.27 % in April

Beijing on May 8/ WAM/ Foreign exchange reserves in China increased to 3.2817 trillion dollars at the end of last April, an increase of $ 41 billion, or 1.27 percent, compared to the end of last March, according to official data issued by the National Foreign Cash Authority yesterday, Wednesday.
The People’s Daily Online newspaper stated that the commission indicated in its statement that the assembled effects of currency exchange and changes in asset prices led to an increase in foreign exchange reserves for China last April.
The statement pointed out that the flexibility and vitality of the Chinese economy contributed to the stability of the country’s foreign exchange reserves.
– Khal –
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