Forex reserves to remain stable

PBOC says last month's fall due to fluctuations in global asset prices

China's foreign exchange reserves will basically remain stable given the stabilizing economic growth prospects and the yuan's exchange rate, the central bank said on Friday.

Zhou Xiaochuan, governor of the People's Bank of China, said the country's forex reserves have been affected by international asset prices but there have not been any major changes in China's balance of international payments.