China’s foreign exchange reserves increased by 0.98% during June

The total foreign exchange reserves of China, at the end of last June, increased to 3.317 trillion dollars, an increase of $ 32.2 billion, equivalent to 0.98 percent, compared to the end of last May.

In its monthly report, the National Authority for Foreign Criticism in China noted that the US dollar index decreased last month, while the prices of global financial assets in general increased, due to several factors, including macroeconomic policies in major economies and global economic growth prospects, noting that foreign exchange reserves for China in June are driven by transfer rates of exchange rates and changes in asset prices.

She affirmed the Chinese economy continued its steady growth, maintaining a strong development momentum that supports the general stability of foreign exchange reserves of the country.