Chinese foreign exchange reserves increased by about US $ 31.2 billion (S $ 41.9 billion) in May this year, and the gold reserves remained unchanged.
Surging News reported that the latest data released by the State Administration of Foreign Exchange on Friday (June 7) shows that as of the end of May this year, the scale of Chinese foreign exchange reserves was US $ 323.2039 billion, compared with 3200.831 billion US dollars at the end of AprilIncreased by 312.08 billion US dollars to 0.98%.
The Foreign Exchange Bureau pointed out that in May this May, affected by factors such as the expected and macroeconomic data of major economies, the US dollar index fell, and the global financial asset prices rose overall.Factors such as exchange rate converts and asset price changes have comprehensive effects, and the scale of foreign exchange reserves in the month has increased.
The Foreign Exchange Bureau also said that the vivid and energy of China's economy has continued to enhance, and the economic recovery has continued to consolidate the situation, and it will support the support of foreign exchange reserves to continue to provide support.
In addition, the gold reserve data released by the People's Bank of China at the same time shows that the gold reserves at the end of May were 72.8 million ounces, which was the same as at the end of April. Previously, the People's Bank of China increased its holdings for 18 consecutive months.
