Quick Take: China’s Foreign Exchange Reserves Increase Again
China’s foreign exchange reserves, the world’s largest, rose for the 11th straight month in December to $3.14 trillion, official data showed.
About $20.6 billion was added to the country’s stockpile of foreign currencies last month, bringing the total to its highest since September 2016, when foreign exchange reserves stood at $3.17 trillion, according to central bank figures.
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