China forex reserves in record fall as Beijing tries to calm markets

[ahlam1399]

China forex reserves in record fall as Beijing tries to calm markets

China forex reserves in record fall as Beijing tries to calm markets
SHANGHAI/BEIJING (Reuters) - China's foreign exchange reserves posted their biggest monthly fall on record in August, reflecting Beijing's attempts to halt a slide in the yuan and stabilize financial markets following its surprise move to devalue the currency last month.

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