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China FX Reserves Rise to Highest Level Since 2015 in August

By: NewsFeed

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BEIJING/SHANGHAI (Reuters) – China’s foreign exchange reserves rose to the highest level in more than 8-1/2 years in August, official data showed on Saturday, thanks largely to a broadly weaker U.S. dollar. The country’s foreign exchange reserves – the world’slargest – grew by $31.8 billion to …

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