China's foreign exchange reserves reached 3.3164 trillion U.S. dollars as of the end of September, increasing by 28.2 billion U.S. dollars compared to the end of August, representing a growth rate of 0.86 percent, the State Administration of Foreign Exchange said on Monday.
In September, driven by factors such as the monetary policies and expectations of major economies' central banks, as well as macroeconomic data, the US dollar index has fallen, and the global financial asset prices have risen, said the administration.
The scale of foreign exchange reserves increased in September due to multiple factors including exchange rate conversions and changes in asset prices, according to the administration.
China's economy is operating steadily overall, making progress while maintaining stability. Favorable conditions such as strong economic resilience and great potential remain unchanged, providing continued support for maintaining the basic stability of foreign exchange reserves, said the administration.
China's foreign exchange reserves surpass 3.3 trillion US dollars in September
