Forex reserves rise above $3 trillion
By Xin Zhiming | China Daily | Updated: 2017-03-08 07:29
Experts say yuan depreciation may be reversed
China's foreign exchange reserves rose above the $3 trillion mark in February again, the first rise in eight months thanks to an improving export situation and slowing capital outflows.
Analysts said the trend of yuan depreciation may be reversed this year if China's economic fundamentals continue to improve.
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