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09

2020

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07

At the end of June, the size of China's foreign exchange reserves was 3112.3 billion US dollars.

As of the end of June 2020, the size of our foreign exchange reserves was $3112.3 billion billion, up $10.6 billion, or 0.3 percent, from the end of May.


As of the end of June 2020, the size of our foreign exchange reserves was $3112.3 billion billion, up $10.6 billion, or 0.3 percent, from the end of May. "The combined effect of exchange rate translation and changes in asset prices increased the size of foreign exchange reserves during the month." Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange, said that in June, the US dollar index in the international financial market fell slightly, asset prices in major countries rose, and the overall supply and demand in my country's foreign exchange market remained balanced. Wang Chunying said: at present, China's various economic indicators have shown marginal improvement, and the economic situation is gradually changing for the better. Looking ahead, my country will unswervingly deepen reforms and expand opening up, economic growth will remain resilient, and the fundamentals of long-term improvement will not change, which is conducive to maintaining the overall stability of the scale of foreign exchange reserves.