The Chinese State Currency Control Administration has announced significant country currency reserves at the end of June, which amounted to more than $ 3.2 trillion.
This is evidenced by the data of the agencies published on Sunday.
The management noted that this figure decreased by 0.3% compared to the previous month under the influence of various factors, such as monetary policy of leading economies, market expectations and macroeconomic data, fluctuations in the exchange rate of currencies and growth in June of world prices for financial assets.
"The Chinese economy has retained the dynamics of recovery and continued its development, which helps maintain a stable volume of foreign exchange reserves of the country," the message reads.
Local media with reference to the data of the People's Bank of China also noted that at the end of June, the gold reserves in the country remained at the end of May and amounted to 72.8 million ounces, which is equivalent to almost $ 170 billion.
