The Chinese mainland's forex reserves reached $3.2457 trillion at the end of March, marking an increase of $19.8 billion, or 0.62 percent, from the end of February. This data was released on Sunday by the State Administration of Foreign Exchange (SAFE).
The SAFE attributes the rise to factors including exchange rate fluctuations and increasing asset prices. These elements have contributed to the steady growth in the mainland's foreign exchange holdings.
Reference(s):
cgtn.com
