China’s currency reserves drop by 2.1% last year

Baku. 7 January. REPORT.AZ/ In 2018, China’s currency reserves dropped by 2.1% to $3.07 trillion, the State Administration of Foreign Exchange (SAFE) said in a statement, Report informs citing foreign media.

According to SAFE, the abovementioned trend emerged after the growth of 0.3% or $8.6 billion in November and 0.4% or $11 billion in December.

"According to last year’s developments, in spite of a slight decrease in currency reserves, they generally remained stable," SAFE said.