Beijing: China's foreign exchange reserves rose to $3.3387 trillion at the end of last September, an increase of $16.5 billion, or 0.5%, from August. According to Yemen News Agency, the Xinhua News Agency quoted the China State Administration of Foreign Exchange as saying that the increase was due to the combined impact of currency exchange rates and changes in asset prices. The agency reported that the US dollar index experienced slight fluctuations in September, while financial asset prices generally rose. It further noted that China remains well positioned to maintain the overall stability of its foreign exchange reserves, supported by its stable economy.
Related Articles
Hadramout Governor Expresses Support for Revolutionary Leader’s Call to Reclaim Rights
Hadramout: Governor Luqman Baras announced the support and endorsement of the governorate leadership, local authority, and executive office in response to the call of Revolution Leader Sayyed Abdul-Malik Badr al-Din al-Houthi. This declaration follows…
Muscat Stock Exchange Index Falls 0.43%
Muscat: The Muscat Stock Exchange (MSX) 30 Index closed Thursday at 7316.65 points, down 31.8 points, or 0.43 percent, compared to the previous trading session’s close of 7348.49 points.
According to Yemen News Agency, trading value reached 34,379,…
China and Pakistan to Accelerate Economic Corridor and Develop Gwadar Port
Beijing: China and Pakistan announced on Tuesday that they had reached a ‘broad new consensus’ on strengthening their strategic relations to accelerate efforts to establish an economic corridor between the two countries and make Gwadar Port a regional…