China's foreign exchange reserves log growth in May


A staff member calculates US dollar notes at a bank in Tancheng county of Linyi city, East China's Shandong province, Nov 12, 2012. - Photo: Xinhua file

BEIJING: China's foreign exchange reserves totaled US$3.2853 trillion at the end of May 2025, up by US$3.6 billion, or 0.11 per cent, compared to the end of April, official data showed Saturday (June 7).

The combined effects of currency translation and asset price changes led to the increase in China's foreign exchange reserves in May, the State Administration of Foreign Exchange said in a statement.

China's economy has continued to recover and improve, and the quality of economic development has steadily improved, providing support for maintaining the stability of the country's foreign exchange reserves, the statement added. - Xinhua

 

 

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China , foreign exchange , reserves , log , growth , May 2025

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