Times of Islamabad

China s Foreign Exchange Reserves surge to 3.07 trillion

China s Foreign Exchange Reserves surge to 3.07 trillion

BEIJING – China’s foreign exchange (forex) reserves went up in December,following a mild rebound registered a month ago, official data showedMonday.

The forex reserves came in at 3.07 trillion U.S. dollars at the end ofDecember, up from 3.06 trillion dollars in November, according to data fromthe People’s Bank of China.

The figure had been in a losing streak for three months since August. -APP/Xinhua