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Friday, December 07, 2018, 18:09
China's forex reserves rebound by November
By Agencies
Friday, December 07, 2018, 18:09 By Agencies

In this Nov 28, 2012 photo, a clerk counts US dollar bills at a bank of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. (PHOTO / IC)

BEIJING - China's foreign exchange reserves stood at US$3.0617 trillion at the end of November, mildly up 0.3 percent from a month earlier, according to data from the People's Bank of China on Friday.

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The gain in November was due to changes in global currency rates and asset prices, according to China's State Administration of Foreign Exchange (SAFE), adding it expected reserve levels to remain stable despite market fluctuations.

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