The contraction was 87.2 billion U.S. dollars less than January 2016 and 28.8 billion U.S. dollars less than December.
The SAFE said changes in the foreign exchange reserves were normal in light of complicated domestic and overseas economic environments. The administration also said the market should not pay too much attention to the benchmark.
"While authorities are showing some concern over reserves, it seems they are more focused on a stable dollar-yuan level," said Simonis.
【国内英语资讯:Chinas yuan will stabilize around current level: expert】相关文章:
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